Rinehart

Mining magnate also claims children are being taught to be ashamed of the Australian flag in a speech to 4,000 people on the Sydney Opera House stepsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia’s richest person, Gina Rinehart, called for immigrants’ social media to be screened and said children are being taught to be ashamed of the Australian flag in untelevised remarks before an Anzac memorial service on the steps of Sydney Opera House on Friday.Rinehart’s public appearance was attended by about 4,000 people and sponsored by her company, Hancock Prospecting, and RSL New South Wales. Continue reading...

Former Liberal party senator, who was elected to state upper house in March, says flights ‘worth every cent’Get our breaking news email, free app or daily news podcastOne Nation’s South Australian leader has paid back Australia’s richest person for private flights he took while campaigning in the state’s recent election.Cory Bernardi confirmed on Saturday that he had reimbursed a “substantial” sum of money to Gina Rinehart’s company S Kidman & Co, to comply with new state laws that prohibit political parties and candidates from receiving electoral donations or gifts from individuals, businesses or unions. Continue reading...

A 15-year court battle costing millions of dollars ended in a partial defeat for the tycoon. Will she now bury the hatchet or double down and keep fighting her children and rivals?Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastGina Rinehart does not like to lose.Engaged in bitter legal battles for most of the past 35 years, Australia’s richest person has shown her propensity to fight tooth and nail to retain control of her family’s iron ore empire – and the riches that flow from it. Continue reading...

John Hancock welcomes findings on ownership of mines and companies although judge says dispute should be determined in private arbitrationGet our breaking news email, free app or daily news podcastGina Rinehart’s son has said he wants to reunite his family after a landmark court case left a long-running feud over ownership of mines and companies unresolved.The Western Australian supreme court on Wednesday found Rinehart’s children were at one point set to inherit 49% of her company and said their ownership claims should be determined in separate proceedings. Continue reading...

Landmark ruling finds Wright Prospecting successfully made out its contractual claim to 50% of past and future royalties from Hope Downs iron ore projectGina Rinehart’s Hancock Prospecting has lost its bid to retain royalties from the mammoth Hope Downs iron ore project and will be forced to pay Wright Prospecting half of its earnings from the project, worth hundreds of millions of dollars.In a landmark ruling in the Western Auestralia supreme court on Wednesday, justice Jennifer Smith said that Wright Prospecting had successfully made out its contractual claim to 50% of past and future royalties paid from the project. Continue reading...

Judgment will rule on whether spoils of some of Hancock Prospecting’s iron ore projects must be shared with family of her father’s business partnerGet our breaking news email, free app or daily news podcastGina Rinehart faces the possibility of losing billions of dollars in riches from her Pilbara iron ore empire and her mantle as Australia’s wealthiest person when a long-awaited court verdict is delivered in Perth on Wednesday.The Western Australian supreme court judgment will rule on whether Rinehart must share the spoils of some of Hancock Prospecting’s most lucrative iron ore projects with the family of her late father’s business partner. Continue reading...

Australia’s richest person questions cost and time spent investigating former soldiers as pockets of support emerge for Victoria Cross recipientFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAustralia’s richest person, Gina Rinehart, says “I don’t understand” the justification for prosecuting Ben Roberts-Smith for alleged war crimes, as pockets of high-profile support emerge for the Victoria Cross recipient.Roberts-Smith was arrested in Sydney on Tuesday and charged with five counts of “war crime – murder” in relation to alleged offences in Afghanistan between April 2009 and October 2012. He is yet to enter a plea but is expected to defend the charges. Continue reading...