Rich List 2013 Great Food and Friends Come Together with Ferguson
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1. Gina Rinehart 2. Anthony Pratt & Family • 3. Harry Triguboff
1. Gina Rinehart $14.02billion from Resources Chairman – Hancock Prospecting Residence: Perth Wealth last year: $20.01b Rank last year: 1 A plunging iron ore price has made a big dent in Gina Rinehart’s wealth. But so vast are her mining assets that Rinehart, chairman of Hancock Prospecting, maintains her position as Australia’s richest person in 2015. Work is continuing on her $10billion Roy Hill project in Western Australia, although it has been hit by doubts over its short-term viability given falling commodity prices and safety issues. Rinehart is pressing ahead and expects the first shipment late in 2015. Most of her wealth comes from huge royalty cheques from Rio Tinto, which mines vast swaths of tenements pegged by Rinehart’s late father, Lang Hancock, in the 1950s and 1960s. Rinehart's wealth has been subject to a long running family dispute with a court ruling in May that eldest daughter Bianca should become head of the $5b family trust. 2. Anthony Pratt & Family $10.76billion from manufacturing and investment Executive Chairman – Visy Residence: Melbourne Wealth last year: $7.6billion Rank last year: 2 Anthony Pratt’s bet on a recovering United States economy is paying off. The value of his US-based Pratt Industries has surged this year thanks to an improving manufacturing sector and a lower Australian dollar. Pratt is also executive chairman of box maker and recycling business Visy, based in Melbourne. Visy is Australia’s largest private company by revenue and the biggest Australian-owned employer in the US. Pratt inherited the Visy leadership from his late father Richard in 2009, though the firm’s ownership is shared with sisters Heloise Waislitz and Fiona Geminder. -
Read the Australian Financial Review Article
The Treasurer has literally lost the plot PUBLISHED: 07 MAR 2012 00:08:20 | UPDATED: 07 MAR 2012 04:06:14 THE AUSTRALIAN FINANCIAL REVIEW Where should Australia’s Treasurer be directing the national conversation right now? Perhaps he should be preparing Australians for a tough budget in May that will necessarily spread belt- tightening across the community while driving productivity-enhancing policy reforms to make the economy more flexible, to ease the painful adjustments of some industries to the high dollar and to encourage broader wealth generation as commodity export prices come off their peaks. Instead, Wayne Swan has spent the past few days indulging in a belligerent and almost incoherent rant against some of the entrepreneurs who are at the heart of the biggest mining boom in more than a century and who are helping drive the national income to unprecedented heights. Then yesterday he was put in the seemingly contradictory position of having to defend coalminers against attacks by Greenpeace and other environmental groups seeking funding from other wealthy entrepreneurs to disrupt and delay the new mines and infrastructure that would entrench this prosperity. Yet, with his rant against mining magnates Gina Rinehart, Clive Palmer and Andrew Forrest, wealth creation appears to have become, at least in Mr Swan’s eyes, a vice that runs against the grain of Australian society and which must therefore be fought against at all costs. Just two months before he hands down his fifth budget, this is a time when the Treasurer should be focused on trimming the fat from government spending and getting Australia’s budget out of deficit, particularly given the warning from our biggest export market that China is shaving its economic growth target. -
Income Management and Indigenous Women: a New Chapter of Patriarchal Colonial Governance?
2016 Thematic: Income Management and Indigenous Women 843 16 INCOME MANAGEMENT AND INDIGENOUS WOMEN: A NEW CHAPTER OF PATRIARCHAL COLONIAL GOVERNANCE? SHELLEY BIELEFELD* I INTRODUCTION Like other colonial countries, Australia has long governed its First Peoples with intrusive paternalism. Paternalistic governance has created ongoing problems for Australia’s First Peoples, also referred to in national discourse as Indigenous peoples and Aboriginal and Torres Strait Islander peoples. 1 Such paternalism has created specific difficulties for Indigenous women who have been subject to surveillance and controlled by colonialism in every sphere of their lives. This article will explore some of these forms of surveillance and argue that new forms of paternalism ushered in by ‘the global ascendance of neo- liberal policies and discourses’2 have reproduced similar racialised and gendered impacts for Indigenous women as were apparent in previous policies. Situating income management in a global context, welfare reform has been and continues to be underway in many Western nations as policies are fitted to the framework * Dr Shelley Bielefeld is the Inaugural Braithwaite Research Fellow at the RegNet School of Regulation and Global Governance at the Australian National University. The author wishes to thank Professor Jon Altman, Professor Larissa Behrendt, Associate Professor Thalia Anthony, Dr Marina Nehme, Dr Elise Klein and the anonymous reviewers for their most helpful comments on an earlier draft. This article was written whilst a visiting scholar at the Centre for Aboriginal Economic Policy Research at the Australian National University and Jumbunna Indigenous House of Learning at the University of Technology Sydney. The author thanks both institutions for their gracious hospitality and their staff for such stimulating dialogue. -
KUNINJKU PEOPLE, BUFFALO, and CONSERVATION in ARNHEM LAND: ‘IT’S a CONTRADICTION THAT FRUSTRATES US’ Jon Altman
3 KUNINJKU PEOPLE, BUFFALO, AND CONSERVATION IN ARNHEM LAND: ‘IT’S A CONTRADICTION THAT FRUSTRATES US’ Jon Altman On Tuesday 20 May 2014 I was escorting two philanthropists to rock art galleries at Dukaladjarranj on the edge of the Arnhem Land escarpment. I was there in a corporate capacity, as a direc- tor of the Karrkad-Kanjdji Trust, seeking to raise funds to assist the Djelk and Warddeken Indigenous Protected Areas (IPAs) in their work tackling the conservation challenges of maintain- ing the environmental and cultural values of 20,000 square kilometres of western Arnhem Land. We were flying low in a Robinson R44 helicopter over the Tomkinson River flood plains – Bulkay – wetlands renowned for their biodiversity. The experienced pilot, nicknamed ‘Batman’, flew very low, pointing out to my guests herds of wild buffalo and their highly visible criss-cross tracks etched in the landscape. He remarked over the intercom: ‘This is supposed to be an IPA but those feral buffalo are trashing this country, they should be eliminated, shot out like up at Warddeken’. His remarks were hardly helpful to me, but he had a point that I could not easily challenge mid-air; buffalo damage in an iconic wetland within an IPA looked bad. Later I tried to explain to the guests in a quieter setting that this was precisely why the Djelk Rangers needed the extra philanthropic support that the Karrkad-Kanjdji Trust was seeking to raise. * * * 3093 Unstable Relations.indd 54 5/10/2016 5:40 PM Kuninjku People, Buffalo, and Conservation in Arnhem Land This opening vignette highlights a contradiction that I want to explore from a variety of perspectives in this chapter – abundant populations of environmentally destructive wild buffalo roam widely in an Indigenous Protected Area (IPA) declared for its natural and cultural values of global significance, according to International Union for the Conservation of Nature criteria. -
Apr13 Fmc1 Agenda Item 7.1 Notice of Motion Cr Mayne Rio Tinto.Pdf
Page 1 of 10 FUTUREMELBOURNE(PLANNING)COMMITTEE Agenda Item 7.1 REPORT Agenda Item 6.1 9 April 2013 NOTICE OF MOTION: In light of the following attachments: 1. Attachment A: Transcript of discussion at 2008 Rio Tinto AGM in Brisbane in relation to location of global headquarters. 2. Attachment B: Peter Costello column in The Age/SMH on February 18, 2009, related to how he insisted BHP-Billiton retain its global headquarters in Australia. 3. Attachment C: Peter Costello's formal announcement of conditions related to approving BHP-Billiton merger. 4. Attachment D: AAP article in The Australian on January 20, 2013, related to Gina Rinehart's call for Rio Tinto to move its headquarters from London to Perth. 5. Attachment E: Full statement by Gina Rinehart on appointment of Sam Walsh as Rio Tinto CEO. Council notes with concern that: 6. Rio Tinto has almost completed a restructuring program which will reduce its Melbourne office from approximately 300 staff in 2011 to just 25 by the end of 2013. 7. Rio Tinto generates more than 80% of its profits and value from extracting publicly-owned mineral resources in Australian jurisdictions. 8. Rio Tinto continues to maintain its global headquarters in London with almost 700 staff despite having no mining operations in the United Kingdom. 9. Only 1 of Rio Tinto's existing directors are based in Australia. • 10. Rio Tinto has recently appointed two Melbourne-raised individuals, Sam Walsh and Chris Lynch, as chief executive and chief financial officer respectively, but insisted both relocate to London to perform these roles. -
The Datum Post May 2021 58
ISSUE 59 The Datum Post May 2021 58 this issue eNews of the Presidents report P.3 Industry News P.13 Dardanup Open Day P.24 Perth Branch Newbie photos P.28 DO Remember safety in the bush is paramount, make sure your radio, GPS and PLB are working correctly before venturing out. There has already been a search for one prospector and APLA has received a number The Department of Mines, Industry Regulation of calls from people and Safety (DMIRS) is seeking feedback from seeking contact with family members industry on proposed amendments to the Mining detecting in WA that Act 1978. have not contacted relatives for long The Streamlining (Mining Amendment) Bill 2021 periods of time. aims to make legislative changes to improve efficiencies for the application and assessment of environmental approvals and support economic recovery following COVID-19. The Streamlining (Mining Amendment) Bill 2021 is now available for public comment until Friday 25 June 2021 SEE PAGE 8 FOR FURTHER DETAILS 1 APLA ASSOCIATION CONTACT DETAILS: State Delegates- admin President. Les Lowe [email protected] Secretary. Marise Palmer [email protected] Treasurer. Kurk Brandstater [email protected] Branch Officers of APLA Perth Branch President. Greg Young [email protected] Treasurer. Marise Palmer [email protected] Secretary. Sue. McKenna [email protected] Albany Branch President. Gerry.Gregson [email protected] Secretary. Bruce.Smith [email protected] Mandurah Branch There are a lot of tourists President. Alan.Branchi [email protected] travelling on WA roads at the moment. Secretary. Bob.Wilson [email protected] Take care travelling and book Treasurer Amanda Holmes [email protected] into caravan parks prior to travelling. -
Pilbara Traditional Owners Upset with Andrew Forrest Over $400M Donation Announcement
Pilbara traditional owners upset with Andrew Forrest over $400m donation announcement By Joseph Dunstan 23 May 2017 Yindjibarndi elders (from left) Margaret Read, Rosemary Woodley and Judith Coppin (ABC North West WA: Joseph Dunstan) Traditional owners of the land on which one of Andrew Forrest's iron ore mines sits say the mining magnate's announcement of a $400 million donation yesterday feels like a "kick in the teeth". The Yindjibarndi people in Western Australia's remote Pilbara are the recognised traditional owners of the land where Fortescue Metals Group's (FMG) Solomon Mine is located. For the past eight years, the Yindjibarndi Aboriginal Corporation (YAC) has been in conflict with FMG over what constitutes fair compensation from the site. YAC's CEO Michael Woodley said news of Mr Forrest's multi-million-dollar donation to a range of charitable causes upset him. 2 "If it wasn't serious you'd be laughing about it … because this is a kick in the teeth to the Yindjibarndi people," Mr Woodley said. "Giving $400 million away from the country that he's mining, which belongs to the Yindjibarndi people, and other traditional owner groups as well around the Pilbara." Michael Woodley, CEO of the Yindjibarndi Aboriginal Corporation, says Andrew Forrest is giving away proceeds from their land. The deal put forward by FMG offered significant employment on its mine sites and scholarships for families, but did not offer large lump sums to be paid to YAC. Mr Forrest has long maintained that large cash payments to Aboriginal corporations constitute "corporate cash welfare" and fail to produce tangible benefits to the Aboriginal communities they represent. -
Annual Report 2009/2010
BASKETBALL AUSTRALIA ANNUAL REPORT 2009/2010 Basketball Australia Annual Report 2009/2010 WWW.BASKETBALL.NET.AU I BASKETBALL AUSTRALIA ANNUAL REPORT 2009/2010 Message from the Australian Sports Commission It is an honour to serve as the new Chair of the Australian Sports Commission (ASC) Board at this challenging and exciting period for our national sporting system. The ASC and national sporting organisations This is the first time key sport partners, such (NSOs) have long spoken of a shared ambition as state and territory institutes and academies to strengthen relationships between all system of sport and state and territory departments partners involved in Australian sport. of sport and recreation, have collaborated on a Commonwealth funding decision in the Aligned with this ambition, the Australian interests of Australia’s sporting future. Government is now encouraging a whole-of- sport reform agenda, aimed at establishing a This is an exciting time for all of us involved in more collaborative, efficient and integrated Australian sport. With significant new funding sports system. from the Australian Government, sports will be better positioned than ever before to lead the Through new direction for sport ‘Australian drive for higher participation levels and strong Sport: the Pathway to Success’, the ASC will success on the sporting field by promoting the work closely with sport to achieve its main unique nature of their sport, creating a legacy objectives; boost sports participation and and a lasting impression for communities strengthen -
Speech Given by Mrs Gina Rinehart at the National Mining and Related Industry Day in Port Hedland on 22Nd November 2015
Speech Given by Mrs Gina Rinehart at the National Mining and Related Industry Day in Port Hedland on 22nd November 2015 Welcome to this year’s national mining and related industries day! And, welcome to my home territory, the Pilbara! How exciting is it that the first ship for Roy Hill is sailing toward Port Hedland as we enjoyed the annual ball last night, and the first train of fine ores will be arriving into Port Hedland as we celebrate the national mining and related industries day together! Perhaps on Mining and Related Industries day and given we are meeting this year in the Pilbara, I should share a little of the story of my time as the Chairman of our Australian private company, Hancock Prospecting, which started as a West Australian pastoral and exploration company. Plus in more recent years, as chair of Roy Hill also. Despite what too many in the media inaccurately imply, Hancock Prospecting hasn’t always been the successful multi billions company it is today. The reality was we had many, many tough years. Mistakes made prior to my chairmanship left us with difficulties and liabilities we weren’t able to pay off for almost a decade, limiting our ability for exploration and investment and growth. Indeed, unable to pay all the government obligations on Roy Hill, we lost approx. half of Roy Hill. Media wrongly refer to the assets of the company then being worth billions of dollars, confusing then with now, even wrongly referring to a trust owning a minority interest back then being worth billions of dollars, whereas what was actually there when I took over the responsibilities of chair was a very different reality, the few remaining company assets were mortgaged to the hilt, or under legal claim or under threat of legal claim, liabilities and contingent liabilities, with cheques being written and left in drawers until the quarterly then small, royalty cheque arrived to cover them. -
Discover. Prevent. Cure CONTENTS
Discover. Prevent. Cure Discover. CONTENTS MESSAGE FROM THE CHAIRMAN & DIRECTOR BOARD OF DIRECTORS 2016 HIGHLIGHTS INTRODUCING OUR IMPACT REPORT PHILANTHROPY REPORT DONOR HIGHLIGHTS WHO WE ARE AND WHAT WE DO OUR FINANCIALS COVER IMAGE: ELENOA AND JAYDA WISE are at the of everything we do Right now in Western Australia: • one child each fortnight is fighting for every breath in intensive care due to asthma • one in every 20 teenagers has major depression • three out of four Aboriginal children in remote areas have middle ear disease which can affect their hearing and learning • 5,000 children with autism cope daily with disabilities that rob them of their full potential • parents of 1,000 children with Type 1 diabetes are apprehensive that when their children go to sleep at night, they might not awaken because of a dangerous plunge in their blood sugar • 122 children are fightingcancer for their lives It is for these children and their families, that we at Telethon Kids are committed to discovering causes, cures and treatments for these illnesses and diseases, and many more. Our team of more than 500 dedicated researchers, students and support staff are passionate about research that makes a real difference so that every child has the very best opportunity to enjoy a happy and healthy childhood. Discover. Prevent. Cure. Together, that’s how we make a difference. Find out more at telethonkids.org.au Jonathan Carapetis (Director) & John Langoulant (Chairman) MESSAGE FROM THE fter three years of significant change and progression and communication, while still supporting the introduction of new programs to implement wonderful collaboration and networking that the RFAs Aour Strategic Plan, the focus in 2016 was on have brought to the Institute. -
Wealth Creators
Wealth Creators • $1.4bn in dividends for Kerry Stokes, Andrew Forrest in past five years • Top 50 public company investors worth about $11 billion • Contractors, lithium miners performing well • Rod Jones hopeful on tech investments Healthy dividend in building wealth The five WA people with the largest holdings in listed companies have earned around $1.5 billion in dividends in the past five years, with Andrew Forrest and Kerry Stokes leading the way. Matt Mckenzie TRIPLING of the past five years (see One wealth creator Mr Ellison has rein- [email protected] Fortescue Metals table, page 23). ranking high on the list vested a portion of those @Matt_Mckenzie_ A Group’s dividend But despite the higher but receiving minimal gains, with about 30,000 this year to 45 cents dividend, Fortescue’s dividends is prospector shares bought through per share has produced share price dropped from Mark Creasy. MinRes’s plan in the past a near $500 million around $6 in November His shareholdings are two years. windfall for chairman last year to be $4.67 on worth about $530 mil- Mr Ellison has also Andrew Forrest. November 20, the cut-off lion, the bulk of which enjoyed a rapid capi- Mr Forrest controls date for compiling the are in gold and nickel tal gain via the MinRes a third of Fortescue 2017 BNiQ Search Engine miner Independence shares, with the value of through a range of vehi- Wealth Creators list (see Group, which acquired his portfolio more than cles, including Forrest page 26). Sirius Resources in 2015. -
Gina Rinehart, Australia's Richest, Adds to Her Fortune with a Strong Pro T from Iron Ore Mining
11/2/2018 Gina Rinehart, Australia's Richest, Adds To Her Fortune With A Strong Profit From Iron Ore Mining 1,544 views | Oct 31, 2018, 09:28pm Gina Rinehart, Australia's Richest, Adds To Her Fortune With A Strong Prot From Iron Ore Mining Tim Treadgold Contributor The fortune of Australia's richest person, Gina Rinehart, continues to grow with her primary business reporting a 28% increase in net profit to $961 million in the year to June 30. Hancock Prospecting, which is named after her late father, Lang Hancock, generated most of its profit from the sale of iron ore mined in several project in Western Australia. The company also has extensive farming interests and has started to expand into the international mining industry. https://www.forbes.com/sites/timtreadgold/2018/10/31/gina-rinehart-australias-richest-adds-to-her-fortune-with-a-strong-profit-from-iron-ore-minin… 1/4 11/2/2018 Gina Rinehart, Australia's Richest, Adds To Her Fortune With A Strong Profit From Iron Ore Mining Gina Rinehart, chairman of Hancock Prospecting Pty, during a tour of the company's Roy Hill Mine in the Pilbara region, Western Australia. Photographer Philip Gostelow/Bloomberg. Mrs Rinehart, who is estimated by Forbes to be worth $16.8 billion and is 69th on the global billionaires list, said in a report filed on Hancock Prospecting's website https://www.forbes.com/sites/timtreadgold/2018/10/31/gina-rinehart-australias-richest-adds-to-her-fortune-with-a-strong-profit-from-iron-ore-minin… 2/4 11/2/2018 Gina Rinehart, Australia's Richest, Adds To Her Fortune With A Strong Profit From Iron Ore Mining that revenue in the latest 12-month period was up 36% to $4.23 billion with a strong contribution from the majority owned Roy Hill mine which is producing 55 million tons of high-grade iron ore a year.