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Articles on Gina Rinehart

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Scott Morrison rejected earlier foreign-controlled bids for the S Kidman & Co. pastoral empire on national interest grounds. AAP/Lukas Coch

Kidman sale finally gets green light

The sale of the vast Kidman pastoral empire to the joint venture Outback Beef has passed the foreign investment hurdle.
Gina Rinehart is very close to Deputy Prime Minister Barnaby Joyce, who has been a critic of the Chinese push for Australian land. Paul Millar/AAP Image

Morrison to rule on Hancock-Chinese bid for Kidman cattle empire

Gina Rinehart has partnered with a Chinese company to buy the giant Kidman pastoral empire, after two previous bids by Chinese buyers were rejected by the federal government.
Speaker Bronwyn Bishop ruled out of order a question to Prime Minister Tony Abbott, from Labor frontbencher Joel Fitzgibbon. AAP/Lukas Coch

Bishop stops questioning about Joyce’s intervention in Rinehart case

Speaker Bronwyn Bishop cut off a Labor attempt to question Tony Abbott about Nationals MP Barnaby Joyce’s intervention in the court case between Gina Rinehart and her children.
When the printing presses stop rolling, digital subscriptions will not be enough to make up the revenue shortfall at Fairfax. Julian Smith/AAP

Fairfax has a plan, but it’s not the paywall

With digital subscriptions barely registering on the revenue front, media companies are staking their hopes on alternative revenue sources.
The real life of Gina Rinehart is dramatic enough – so why did the writers of House of Hancock need to embellish it? AAP Image/Tony McDonough

The Hancock truths are strange enough – did we need fiction?

Last weekend Channel 9’s two-part television drama, House of Hancock, was screened. It wasn’t quite the version that the producers had expected to air. After legal action was initiated against Channel…
Sales of infant formula are booming in China, attracting investment from new quarters. Shen Xiang/EPA/AAP

China’s ‘white gold’ infant formula rush comes at a public health cost

Alongside this week’s announcement of a free trade deal between China and Australia came reports of Gina Rinehart’s investment in a Queensland dairy operation to supply infant formula to China. Australia’s…
Gina Rinehart’s Roy Hill mine has secured funding from multiple sources, including Export-Import banks in the US, Japan and Korea. Hancock Prospecting/AAP

Why the US Export-Import Bank backed Rinehart’s Roy Hill

When Gina Rinehart’s Roy Hill mine proposal secured the multi-billion dollar financing deal needed to proceed last week, questions were asked about the US$694.4 million coming from the US Export-Import…
Australia’s richest person Gina Rinehart has failed in her legal bid to force journalist Steve Pennells to reveal his sources for a series of stories. AAP/Tony McDonough

Pennells decision a win for source protection and investigative journalism

In a landmark ruling, the Western Australian Supreme Court has dismissed an attempt from mining magnate Gina Rinehart to force a journalist to disclose his sources and materials. Steve Pennells, a senior…
Fairfax’s Richard Baker and Nick McKenzie are two of the five journalists currently involved in legal disputes for not revealing their sources. Image supplied by MEAA

Protecting the journalists’ privilege: reporters go to court

The protection of confidential sources is an ethical and legal minefield for journalists in Australia, despite the introduction over the past two years of so-called journalists’ privilege in several jurisdictions…
Tax benefits have made family trusts an increasingly popular financial arrangement. Image from www.shutterstock.com

Time for policymakers to address tax benefits from family trusts

Family trusts have featured heavily as part of recent media reporting of the circumstances of two very high-profile families: the Rineharts and the Obeids. Of course, these are not the only families that…
Will the opening of the Galilee Basin undermine Queensland’s economic and environmental future? AAP

Why the Galilee Basin is worth worrying about

The Galilee Basin is a massive Queensland coal basin on the verge of being opened up for the first time. If it goes ahead as anticipated, there will be a host of significant impacts ranging from the local…
Fairfax chairman Roger Corbett today welcomed Gina Rinehart’s investment in the company. AAP

Fairfax backs mastheads and multi-platform strategy

Fairfax Media Group has ruled out a breakup and sell off of its business, with chairman Roger Corbett telling shareholders today such a move would destroy value. In his address at today’s Annual General…
Given its parlous financial state, Queensland is within its rights to increase mining royalties. But why frame it as a surplus profits tax? AAP

Queensland coal: an accounting black hole

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

The floating fortunes of our iron ore barons

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…
Gina Rinehart is seeking a board position at Fairfax. AAP

Fairfax result will make it difficult to reject Gina Rinehart: experts

Today’s major loss and writedown of mastheads and goodwill by Fairfax will make it more difficult for the company to resist the demands of major shareholder Gina Rinehart, say media experts. Fairfax has…
The real significance of a decision forcing Gina Rinehart to pay the court costs of both her children and media outlets is to demonstrate legal independence and the importance of open justice.

Costs of justice: Another episode in the Rinehart dispute

In every parent’s life there comes a time when it’s best to hand over the keys to the kids and treat them as adults. That time comes quicker if they haven’t been wrapped in cotton wool or reminded of inadequacies…

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