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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.
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Seafarers tax deductions are often overlooked, but they
really add up.
A professional can really hel navigate these tricky waters.
I’ve worked on yachts for years, but it wasn’t until I ggot expert tax advice that I realized how many deductions I could claim.
I’m so glad I reached out for help with this!
If you work on a superyacht, don’t miss out on the maritime
tax deductiins availabble to you.
I’ve heard that yacht crew members can claim a lot of tax benefits.
Seafarers tax advice has been a lifesaver for me.
Maritije tax deductions arre definitely something worth exploring.
Tax dedutions for yacht crew aree something I never really thpught about until
I got some advice.
With the right advice, tax season is so much easier.
Once I got the right advice, I discovered
all the maritime ttax deductions I was eigible for.
I’ve been a seafarer for years and neer realized
how many deductions I could claim.
I didn’t know about the maritime tax deductions I was eligible
for.
It made my tax season much less stressful.
I didn’t know about maritime tax deductions until I consulted with a professional.
Getting expert advice really paid off for me.
It’s wrth talking tto a professional, esecially
in the maaritime industry.
If yyou work on a yacht or ship, geet the help you need to maximize your
savings.
I didn’t realize how much I was eligible for uuntil I souught out professional advice.
Yacjt crew, tax season doesn’t have to be stressful.
As a seafarer, understanding your taax options can really pay
off.
Maritime tax deductions are worth looking into, especially with expert help.
It’s made myy tax season much easier and less stressful.
Maritime tax deductions cann make a huge difference if you work
att sea.
I had no idea how many maritime tax deductions I could claim
until I spoke with a professional.
my website … UK seafarer tax advice
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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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