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Articles on Gina Rinehart

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Under pressure: Fairfax chairman Roger Corbett has extended an olive branch to Gina Rinehart. AAP/Dean Lewins

Rinehart closes on Fairfax seats as ally joins board

Fairfax Media’s decision to offer a board seat to Jack Cowin, a close confidant of Gina Rinehart, is likely an attempt to appease the world’s richest woman - notwithstanding claims to the contrary by CEO…
An extraordinary attack on ASIC chairman Greg Medcraft this week will do much to weaken confidence in the efficacy of the financial architecture, without any obvious potential upside.

Attack on ASIC chief draws corporate governance into political mire

The attack on the authority, integrity and judgement of the chairman of the Australian Securities and Investments Commission, Greg Medcraft, by the shadow minister for financial services and superannuation…
James Packer’s raid on Echo Entertainment has put Australia’s takeover laws under the spotlight. AAP

ASIC’s review of creep provisions puts corporate raiders on notice

It’s been an interesting time for Australia’s corporate watchdog. Financial manoeuvres by Gina Rinehart and James Packer, which saw them increase their holdings in Fairfax Media and Echo Entertainment…
If she is unable to gain seats on the board, Gina Rinehart can still establish a control base by initiating a takeover of Fairfax and offering a premium to shareholders. AAP

Paying a premium could shore up Rinehart’s control of Fairfax

Fairfax Media Ltd’s constitution enables the board to allocate board places in addition to the existing directors up to the maximum number of directors allowed in the constitution - not more than 12 unless…
Certain obstacles - such as Fairfax’s 51% shareholding in New Zealand incorporated company Trade me - play a role in Gina Rinehart’s decision to lower her stake in Fairfax to 15%. AAP

What’s behind Gina Rinehart’s Fairfax sell-down?

Hancock Prospecting’s explanation for selling down to 15% of Fairfax suggests it is unlikely either to bid or sell down further in the short term. Its stated reason was to clear an obstacle - arising from…
News limited chief executive Kim Williams has outlined a coherent strategy for the future, while Fairfax has relied on panic tactics, stoking fears of a crisis.

Media earthquake: panic, disinformation, and competing visions at Fairfax and News

So that was the week that was. The Conversation anticipated this would be a big week that required close scrutiny and debate. What we didn’t realise was that first thing Monday morning Fairfax would announce…
Rinehart will experience push-back from Fairfax staff if she tries to change the paper’s editorial direction. AAP/Julian Smith

Why does Gina Rinehart want control of Fairfax?

It is elementary that most business investors seek to make money. But Gina Rinehart’s investment in Fairfax is not aimed at a financial return. There are a hundred other, healthier companies where this…
Long-time friend of Gina Rinehart, John Singleton believes she should be able to influence editorial decisions at Fairfax. AAP

With Gina poised, a new class of conservative elites now rule the roost

For years, in the tabloid media and on talkback radio, we’ve been hearing about the domination of Australian politics by a “new class” of left-wing “cultural elites”, but the Rinehart ascendancy at Fairfax…
Trust in the media is at the heart of issues around Gina Rinehart, Fairfax and editorial independence. AAP

Basically, the fight around Fairfax is about who we should trust

Amid indications that Fairfax is going into the corporate death spiral – ongoing disinvestment resulting in smaller market share - we’re asking the wrong questions about the future of the Australian media…
Fairfax’s reputation for independent journalism is at stake. AAP/Joel Carrett

MPs warn Rinehart against editorial meddling at Fairfax

Communications Minister Stephen Conroy says mining magnate Gina Rinehart has no right to trash the reputation of Fairfax Media by overriding the company’s charter of editorial independence. In an unusual…
Rinehart’s right-wing views may have a new outlet if her tilt at Fairfax is successful. AAP/PPR

Gina Rinehart, Fairfax and the ‘war’ politics of the Australian right

What a dream come true for Australia’s right-wingers. First of all they can point to Gina Rinehart’s wealth (“the richest woman in the world”) as a sign of Australia’s arrival as a capitalist power and…
Malcolm Fraser and Gough Whitlam joined forces to protect the independence of The Age in Melbourne’s Fitzroy Gardens in 1991. maintainyourage.org

Malcolm Fraser: Does it matter who owns our papers? Yes it does

The Age and the Sydney Morning Herald have maintained editorial independence since the foundation of the newspapers. It is an important principle of all great newspapers, but it is a principle that will…
Gina Rinehart’s involvement in Fairfax is unlikely to alleviate an already polarised and fragmented media discourse in Australia. AAP

Rinehart’s tilt at power is bad news for public debate

There are numerous indications that mining magnate Gina Rinehart seeks to take control of the Fairfax media group. What are the likely implications of that move, and how would it affect Australian society…
Fairfax Media’s Melbourne’s printing operations in Tullamarine will be closed down under a radical restructure of the company. AAP

Death by 1,900 cuts: will quality journalism thrive under Fairfax’s new model?

It was less than ten years ago that Fairfax Media’s The Age opened its shiny, new printing presses at Tullamarine. Billed at the time as “state-of-the-art”, the then Premier Steve Bracks opened the $220…
Fairfax Media needs a patron - and the one on offer is Gina Rinehart. AAP

Fairfax is broke and dying before our eyes - it needs Gina

Every business needs paying customers. Who those paying customers are varies from business to business. The single largest paying customer for Australian universities, for example, is the federal government…
Gina Rinehart is poised to seize control of Fairfax. AAP

Fairfax or Gina-fax? Let’s have the debate before it’s over

The next two weeks will be defining moments for Australia. It’s when Fairfax is likely to morph into Gina-fax. On Tuesday Gina Rinehart, the world’s richest woman, is expected to confirm that she has acquired…
The world’s wealthiest woman regards Australian media as “a creature of the left”. AAP/Tony McDonough

Rinehart takes 18% of Fairfax in ‘irresistible’ tilt at the board

The push by billionaire mining magnate Gina Rinehart for representation on the Fairfax board has become irresistible after she lifted her stake in the company to 18% today, media experts said. But her…
An iron ore project in Western Australia similar to that proposed by Gina Rinehart at Roy Hill. AAP Image/Rebecca Le May

Enterprise Migration Agreements - why won’t Australians do the work?

The announcement that controversial mining billionaire Gina Rinehart is to use new Enterprise Migration Agreements to employ 1715 foreign construction workers on her $9.5 billion Roy Hill iron ore project…

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