The Australian Institute | Research Report | June 2022
Research article courtesy of the Australia Institute.
Excerpt followed by full document.
The results reported in Table 3 are very interesting. While many companies appear with 100 per cent foreign ownership, one appears with zero foreign ownership, the private company Hancock Prospecting Pty Ltd which is owned by Gina Rinehart. Hancock in turn owns the 70 per cent of Roy Hill Holdings Pty Ltd that is Australian owned.