Billionaire Gina Rinehart poised to buy Great Keppel Island in Queensland for about $50m
Hancock Prospecting said with the announcement of the 2032 Olympics to be held in Brisbane, the redevelopment of Great Keppel Island presents as a great time to showcase Queensland as a premium, world class destination. “Currently, for various reasons, Great Keppel is not a showcase for Queensland. We wish to maintain and improve its natural beauty and tourist facilities, subject to all government approvals, enabling this to make possible, for Queenslanders and others to enjoy for generations to come,” the statement said.