Group executive news

Group executive news

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.

Read more

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.”

Read more

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.”

Read more

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.”

Read more

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.

Read more

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.

Read more

Pensioner Reform Policy Briefing & National Seniors Australia let pensioners work campaign | Link


Allowing pensioners to work will boost their retirement incomes and meet crippling labour force shortages – help us make it happen.

Read more