Highly publicised private benefactors are redefining philanthropy in Australia, so now is the time for a discussion on how this wealth can best be harnessed.
The recent commitment by Fortescue Metals chief Andrew Forrest to contribute half of his private wealth to philanthropic causes, coming on top of investor Graham Tuckwell’s $50 million donation for equity…
Relieved: Fortescue Metals Chairman Andrew Forrest wins his High Court appeal – but the message to ASIC is the need for greater transparency.
AAP
Fortescue Metals Chairman Andrew Forrest can breathe a huge sigh of relief after winning his High Court appeal against a Federal Court finding that might have seen him banned as a company director.
The…
Given its parlous financial state, Queensland is within its rights to increase mining royalties. But why frame it as a surplus profits tax?
AAP
The Queensland Government has decided to raise coal mining royalties. Seems reasonable, doesn’t it?
A review of Queensland Pty Ltd by Peter Costello revealed a precarious balance sheet. Time to get things…
Australian iron ore producers have had a torrid time in recent months – but how they quickly they can respond to such fluctuations will be critical to their continued success.
AAP
Despite the recent fluctuations of the iron ore price, producers such as mining billionaires Andrew Forrest and Gina Rinehart entered the iron ore market with eyes wide open and understand the long-term…
Fortescue founder and current non-executive chairman, Andrew Forrest has been a prominent critic of the federal government’s mining tax. The company has finally launched a much anticipated High Court challenge to the tax.
AAP
Perth-based mining giant Fortescue Metals Group has launched a last-minute High Court action against the mining tax, planning to argue the legislation – due to start on July 1 – breaches the Australian…
Will Andrew Forrest succeed in his push to change the mining tax? Others have succeeded in the past.
AAP
Andrew “Twiggy” Forrest’s visit to Canberra earlier this week didn’t prove particularly effective in swaying the government on its freshly drafted mineral resources rent tax (MRRT) legislation.
But the…
Fortescue chief and mining magnate Andrew Forrest changes focus.
AAP
Andrew Forrest, one of Australia’s wealthiest mining magnates, has announced his resignation as chief executive of Fortescue Metals Group.
In a statement released to the ASX, Fortescue Metals Group Chairman…
