News - Hancock Prospecting PTY LTD

Rinehart calls for tax cuts, criticises renewables and ‘eyesore’ solar panels

Mining magnate Gina Rinehart has demanded a cut to taxes in Australia, including state payroll taxes and the fuel excise, and bemoaned the spread of renewable energy projects and “eyesore” solar panels after being named The Australian Financial Review Business Person of the Year. Her polemic came after former UK prime minister Boris Johnson told the audience of almost 200 chief executives, managing directors, chairmen and directors that there would be “a lot of positives” if Donald Trump were elected for a second time in 2024, particularly in foreign policy.

The AFR View | Mavericks on top of the Business People of the Year list

The choice of Gina Rinehart as The Australian Financial Review’s 2023 Business Person of the Year duly recognises a lifetime of independent business success and achievement. Her eclectic dealmaking and investment profile in the past 12 months span a hard-fought battle to win control of WA gas developer Warrego Energy; a kingmaker role in Australia’s new critical minerals boom that blocked the takeovers of lithium miners Azure Minerals and Liontown Resources; buying iconic Aussie bush outfitters Driza-Bone; and her well-progressed plans to become Australia’s biggest truffle farmer to help sate the growing local and overseas appetite for gourmet foods.

Rinehart crowned Business Person of the Year

“Under Mrs Rinehart’s leadership, Hancock Prospecting has been transformed from a company facing a parlous financial position in 1992, when she became executive chairman, to Australia’s most successful private company,” Hancock Prospecting said. “On behalf of the Hancock Prospecting executive team and staff, congratulations Mrs Rinehart on this well-earned recognition for your hard work, dedication, and leadership. Hancock Prospecting, and indeed Australia, would not be what it is today without you.”

The Australian Financial Review names its Business Person of the Year

Gina Rinehart has capped an extraordinary year of deal-making across the mining, energy, agribusiness and retail sectors by being named The Australian Financial Review Business Person of the Year at a ceremony in Sydney on Thursday evening. The annual AFR Business Person of the Year list recognises Australia’s top leaders, builders, pioneers and stirrers – and Mrs Rinehart could meet all four criteria. Her Hancock Prospecting empire, which is the biggest private company in the country by some margin, delivered another record year of shipments from its Roy Hill iron ore mine, with robust iron ore prices driving profits to more than $5 billion. The company has a staggering $38 billion in assets on its balance sheet, propelling Mrs Rinehart to the top of The Australian Financial Review’s Rich List for the fourth straight year.

Gina Rinehart looks to life beyond the rivers of cash from iron ore

Wesfarmers boss Rob Scott is an unabashed fan of billionaire mining magnate Gina Rinehart and her achievements in business and contributions to philanthropic and community causes. Rinehart, says Scott, is “the driving force behind one of Australia’s largest and most successful private companies, which has created thousands of jobs and billions of dollars of value to the community”. He adds: “She is ambitious for Australia and our key export industries and is investing to make a difference. “Many people would not appreciate the extent and generosity of Gina’s philanthropic and community support, but it is substantial, and her support of many of our Olympic athletes is remarkable.”

Mrs Gina Rinehart AO Named AFR’s Business Person of the Year

Hancock Prospecting is celebrating tonight after Executive Chairman, Mrs Gina Rinehart AO, was named the Australian Financial Review’s Business Person of the Year at their event in Sydney. Under Mrs Rinehart’s leadership, Hancock Prospecting has been transformed from a company facing a parlous financial position in 1992, when she became Executive Chairman, to Australia’s most successful private company.

Notice | Fake social media posts encouraging investment in scams

13 December 2023.

Rinehart to claim Australia’s truffle farming crown

Mining magnate Gina Rinehart is quietly on her way to becoming Australia’s biggest truffle grower. “We’re always looking for good opportunities to invest and grow,” she told The Australian Financial Review. The truffles are being grown near the award-winning Bannister Downs Dairy at Northcliffe that Mrs Rinehart has owned in partnership with the Daubney family since 2014. Mrs Rinehart shed light on the venture when announcing yet another bonus stream for workers on her iron ore mines, who are already some of the best paid – and best fed – in the resources industry.

Dick Smith exposes deep fake

2023 | Dick Smith exposes the deep fake scam video.

Farmers Wary of IR Bill

A nationwide overhaul of industrial relations laws has passed through the House of Representatives, angering farmers who had urged Federal Labor to take the “catastrophic” legislation back to the drawing board.

Barracudas’ splash of gold

The Broome Barracudas made a splash at the 2023 Hancock Prospecting Pilbara Swimming Championships held from November 24 to 26, securing an impressive haul of 50 gold medals.

Queensland Swimming titles – an A to Z guide

Here’s our annual A to Z guide featuring 510 youth swimmers, just some of the exciting talent who will dash down the pool at the Hancock Prospecting Queensland Swimming Championship from Saturday. The Queensland swimming championships will be off with a splash from Saturday, featuring hundreds of competitors. The team relays will roll out across the weekend before the individual races start across the week. Queensland swimming is so strong, our state could field a team at the Olympics and snare a swag of medals. ,In recent years we told you first about the likes of Mollie O’Callaghan, Sam Short, Kai Taylor, Jenna Forrester, Meg Harris, Josuha Neill, Bronte Job, Flynn Southam, so on and so forth So who are some of the next generation starpouring through the system?