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posted by riches777 Montag, 20 Januar 2025 03:23 Comment Link
Australia's richest person Gina Rinehart has addressed a summit where she urged economic gains from regional areas be returned to communities
and net zero ambitions abandoned for farmers.
At the same time on Monday, a court heard the mining magnate devised an 'egregious' scheme to defraud
her children, of billions of dollars in iron ore riches.
During Mrs Rinehart's keynote speech at the Bush Summit event in Perth, she said
a commitment from government to channel funds back to the regions could see medical
facilities and infrastructure upgraded.
'Frankly, we should have the best equipped and most luxurious hospitals in Newman, Tom
Price Dampier, Cape Lambert, Port Hedland and other mining towns thanks to the revenue we create in the Pilbara, and
similarly, in other mining areas,' she said.
'Ditto, see 24 hour, 365 days a year airstrips so the better equipped and fastest Royal Flying Doctor planes can always arrive.
Australia's richest person Gina Rinehart has addressed a summit where
she urged economic gains from regional areas be returned to communities and net zero ambitions abandoned for farmers
At the same time on Monday, a court heard the mining magnate devised an 'egregious' scheme to defraud her children (Bianca
Rinehart is pictured), of billions of dollars in iron ore riches
'Us and our people in the outback would then be more safe.'
Mrs Rinehart advocated for special economic zones to be created,
along with tax cuts for those working in northern Australia.
She said limits on work hours for pensioners and veterans
before government payments are cut off should also be removed, in order for more jobs to be filled in regional areas.
'Just imagine the smiles when we can finally fill those jobs in the bush and see hospitals and health centre hours
and effectiveness improved.
'If we could cut some of the paperwork and the regulations here, we
would find a lot of Aussies who would actually like to work very much as well, they're just restricted by government.'
Mrs Rinehart said the mining industry would be able to afford
the transition to net zero but other sectors,
including agriculture would face a tougher time meeting requirements.
She called on the federal government to meet the costs involved or waive it altogether.
'They want to implement the net zero.
'Otherwise, most farmers and others in agriculture, you know, be it the orchardists and others,
cannot afford net zero.'
Farmers would have to leave the industry and Aussies would see huge price increases
for food, along with fresh food shortages, Mrs Rinehart warned.
She also reiterated support for nuclear energy to be implemented in the country.
'Let's not upset many farmers with bird killing wind generators
and massive solar panel stretches and bring on clean safe nuclear energy.'
Meanwhile, a bitter legal battle over her fortune played out
across town.
Bianca Rinehart is battling her mother for billions of dollars in mining royalties in the
WA Supreme Court
The WA Supreme Court heard the reclusive billionaire also allegedly tried
to have her father Lang Hancock's wife Rose Porteous deported, and racially abused her amid fears she would inherit
shares in Hancock Prospecting.
A lawyer for Mrs Rinehart's children, Christopher Withers SC,
said there was clear evidence mining licences were unlawfully
transferred to the company and a subsidiary against her father's wishes after
he died in 1992.
'We don't use the word fraud lightly,' he told the Supreme
Court trial on Monday.
Mr Withers accused Mrs Rinehart of devising a multi-step scheme to move Hope Downs and East Angeles tenements, including
the 'Roy Hill diversion', to avoid accruing capital gains tax or stamp duty liability.
'We say the evidence that fraud was perpetuated by Gina
on her children is overwhelming,' he said, referring to a long-running family feud
that is also in arbitration in the Federal Court.
He said Lang Hancock wanted his grandchildren to benefit from the assets via trusts, including John Hancock and Bianca Rinehart, who made an unexpected appearance at court.
Under a 1988 agreement penned by Lang Hancock, his grandchildren were to be the principal benefactors of his efforts to develop an iron ore mine at Hope Downs
and 49 per cent shareholders in Hancock Prospecting.
'Lang was simply not prepared to give Gina everything she wanted, which was everything,' Mr Withers said.
Mr Withers said Mrs Rinehart 'deliberately destroyed'
the arrangement after Lang Hancock died through
a series of transactions that increased her shareholding at the expense of her children.
'The events after Lang died constitute an egregious fraud orchestrated
by Gina and carried out by people who did whatever Gina wanted without questioning,' he
said.
He said the actions were 'covered up' with a 'false narrative to
her children and the public generally that (Hancock Prospecting's) and her personal success was simply a product of hard
work rather than dishonesty'.
'The truth is Lang discovered the mining areas in the Pilbara.
He was the driving force behind the decision to start a mine,' he said.
The court also heard about the multiple disputes Mrs Rinehart allegedly had
with her father in the 1980s, including after he married his housekeeper Rose Porteous and she allegedly contacted the immigration department in a bid to
have her stepmother deported to the Philippines
Mr Withers said Mrs Rinehart lied to her children about her actions and threatened John Hancock and his lawyers when they attempted to investigate the matter.
The court also heard about the multiple disputes Mrs Rinehart
allegedly had with her father in the 1980s, including after he married his
housekeeper Rose Porteous and she allegedly contacted the immigration department
in a bid to have her stepmother deported to the Philippines.
'(Lang Hancock) removed her as a director of (Hancock Prospecting) because she was saying
very unfortunate things ... for example calling (Mrs Porteous) an oriental concubine,' Mr Withers said.
'She (also) repeatedly called Rose a prostitute.'
Mrs Rinehart also allegedly had a 'major rift' with her father after she took her mother's will to the US to hold up probate amid fears her father would leave Mrs Porteous mining assets in his will.
The claims were made in a high-stakes legal stoush in Perth
in which Mrs Rinehart's company and her children are defending the claims of Wright Prospecting and DFD Rhodes, with Bianca Rinehart in court on Monday listening to
her barrister.
Wright Prospecting is suing for a share of some Hope Downs tenements and royalties amid
a claim that it never relinquished the assets and Hancock Prospecting has breached a series of
partnership agreements.
The family company of the late prospector Don Rhodes, DFD Rhodes, says it is entitled to 1.25 per
cent royalty share of the Hope Downs production following 1960s deal.
Mr Withers made repeated calls for Mrs Rinehart to
front the court, saying she is one of the few people still alive who could provide evidence
about many of the issues raised in the trial.
The Hope Downs mining complex near Newman is one of Australia's largest and most successful iron ore projects, comprising four open-pit mines.
Perth -
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