Group executive news

Group executive news

Sky News | Chris Smith interviews Mrs Gina Rinehart AO


Hancock Prospecting Executive Chairwoman Gina Rinehart says she does not think either major party leader is “sufficiently across” what she sees as Australia’s “two most important issues”. Ms Rinehart told Sky News host Chris Smith that one of these issues is defence. “I repeatedly say, if we don’t have our country, what do we have? “And the second one is the economy, the economy is so important, it’s what drives living standards, it’s what drives jobs, it’s what drives revenue, it’s what drives opportunities.

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Absentee overload


An explosion of COVID-19 cases in WA is intensifying staffing woes, directly impacting businesses which continue to bear the brunt of skills shortages. As cases soared to a record high of 17,000 on Wednesday — well above the original peak prediction of 10,000 — businesses were left grappling with a surge in virus-related absenteeism. Some are optimistic conditions will improve from here as the case load comes down. However, others are anticipating further disruptions as potential new strains emerge. WA’s resources sector has also acutely felt the impacts of absenteeism.

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The 10,000 missing miners


High commodity prices are masking deep-seated problems in the world’s big mining companies were a combination of cost inflation, supply-chain tightness, and shortages of everything is starting to bite. Reports covering March quarter production, scheduled to start flowing this week, might throw fresh light on the size of the challenge confronting BHP, Rio Tinto and other leading miners which are currently enjoying strong investor support because of near-record prices for most of their output.

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Let older Australians work, Liberal MPs tell Frydenberg


Liberal Party backbenchers are pushing Treasurer Josh Frydenberg to use next week’s budget to unleash a “grey army” of retired workers to boost the nation’s stretched employment market, calling for an end to an effective tax rate of more than 60 per cent on their incomes. In a policy that has strong support from retiree groups and even mining billionaire Gina Rinehart, several backbench members are pressing for Mr Frydenberg to trial a system under which people on the age pension could work without their entitlement being reduced. “If people want to work, let them and make it easy for them. At the moment, we have a system that actively discourages people from working.”

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3-D genetics face-off


No longer just a tool for gaming and security systems, 3D facial analysis technology has the potential to revolutionise the diagnosis and treatment of rare genetic disorders, which impact more than 300 million people globally. “So, for instance, we have a project supported by the Roy Hill Community Foundation in the Pilbara, called The Pilbara Faces, in which we’ve been building a reference range of Pilbara data, so that its more equitable and accessible to help with care closer to home.”

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Media Release: Hancock welcomes news of approval of bid to acquire Senex Energy


Commenting on the Senex scheme approval Mrs Gina Rinehart AO, Chair of the Hancock Group of Companies said, “I am delighted with the Senex approval which is the largest Hancock investment in the energy sector. We believe that the energy sector, fundamental to maintaining our businesses and standard of living, has an important future given policies have caused the lack of investment in many areas which has already caused energy prices worldwide to rise. Recent events in Europe have served as a stark reminder underlining the criticality of energy security.”

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Russia’s invasion of Ukraine has exploded our renewables myth


The devastating Russian invasion of Ukraine has captured global ­attention. While the world’s focus is rightly on the human toll and suffering, the crisis has highlighted the need to end reliance on Russian oil and gas. To achieve that ambition, we must be pragmatic and invest in sensible alternatives, not engage in wishful thinking about renewable energy.

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Rare and wide-ranging interview from Gina Rinehart


The most successful woman in Australia from a business sense has spoken about the importance of International Women’s Day and revealed key issues she plans to discuss with federal leaders of both major parties ahead of this year’s election. Interview by Liam Bartlett.

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