Article – Funding crash as foreign investors retreat

by 13 February 2017

11 February 2017 Simon Benson The Australian

Australia faces a potential investment crunch with Treasury analysis revealing that foreign ­direct investment has already crashed almost 50 per cent on 2015 levels.

The downward trend is more concerning because it runs against growing global flows; Australia’s share of the $US1.8 trillion ($2.36 trillion) global foreign direct investment pool tumbled from 3.2 per cent in 2011 to 1.3 per cent last year as other countries became relatively [...]

Cut the Red Tape and Make W.A. Great

by 16 January 2017

From: John Samuel Sent: Friday, 9 December 2016 10:18 AM Subject: Fwd: Cut the Red Tape & Make WA Great.

At the shonky builders meeting on Sunday, the Labor Party told the audience they would have an inquiry that would take 12 months and then issue a report. They would make no comment about SAT. Mark McGowan told an economic business meeting yesterday he was going to move a few departments around or together. Nothing about slashing the [...]

Speech by Mrs Gina Rinehart Delivered by Sophie Mirabella National Mining & Related Industries Day 22 November 2016, Melbourne

by 12 December 2016

Good evening distinguished guests and friends

It is great to celebrate with you in Melbourne tonight the 4th annual National Mining & Related Industries Day.

Thank you very much to John and the whole IPA team for putting on tonight’s special dinner. Thank you to Gabriella and the AusIMM Women in Mining Network also for helping with tonight’s gala dinner.

Today is the day to pose a question for all Australians to consider: “Where would [...]

Gina Rinehart Quote on the U.S. President-Elect

by 10 December 2016

“The president-elect wants to cut federal red tape by 50% in his first months of office, and to cut company tax to 15%. What a kickstart to the American economy that will provide.”

- Mining magnate Gina Rinehart calls for Donald Trump-style tax cuts in Australia.

Address by Mrs Gina Rinehart to the International Women’s Federation of Commerce and Industry’s Global Women’s Trade Summit

by 7 November 2016

26 October 2016 Mrs. Gina Rinehart

“The little recognised requirements of growth centres, can Australia become a growth centre of the world?”

Good morning distinguished guests and all delegates,

Greetings from the Roy Hill berths at Port Hedland. As you can see we have 2 ships in harbour, one almost loaded which will go out tonight and the other which we’re about to start loading which you can see is high in the water.

May [...]

Article – You’re All Mugs: Australia’s Richest Woman Attacks ‘Coward’ Politicians

by 20 June 2016

18 June 2016 Jennifer Sexton The Daily Telegraph

Australia’s richest woman has unloaded on our federal politicians, declaring neither side of politics has the “guts” to tackle our nation’s most pressing problem — too much government spending.

Gina Rinehart told The Saturday Telegraph that Australia must urgently cut government spending to get the economy back on track. In a rare foray into political commentary, Ms Rinehart said it didn’t make sense that India could cut [...]

Article – We Can’t Afford Big Government

by 20 June 2016

18 June 2016 Gina Rinehart The Daily Telegraph

The most significant issue that is being overlooked in the federal election campaign is the increasing size of both levels of government in Australia, and the very high cost of their approvals, permits, licences and compliance.

Despite the Australian economy benefiting from the strong commodity prices of the past decade, record government debts were created, partly due to increasing government size and the cost of increasing regulation [...]

Article – Sharon Warburton to lead board tasked with growing the north

by 20 June 2016

10 May 2016 Sid Maher The Australian

West Australian company director Sharon Warburton has been named as chairwoman of the $5 billion Northern Australia ­Infrastructure Facility, which will begin operations from July.

Ms Warburton is a director of Fortescue Metals Group, Wellard Limited, Western Power and a member of the Takeovers Panel and will head the six-person board charged with assessing ­applications for the $5bn fund.

The board was announced after legislation to set it [...]

NORTHERN AUSTRALIA INFRASTRUCTURE FACILITY PASSES THE PARLIAMENT

by 20 June 2016

4 May 2016

Legislation to establish the Government’s $5 billion Northern Australia Infrastructure Facility (NAIF) has passed the Parliament enabling it to commence from July.

This important initiative is a cornerstone of the Northern Australia White Paper, which sets out the Government’s development plan to unlock economic and population growth opportunities across the north.

As recently announced, the facility will be headquartered in Cairns, Queensland.

Contributing over 11 per cent of Australia’s GDP and with [...]

NORTHERN AUSTRALIA INFRASTRUCTURE FACILITY EXTENDED

by 20 June 2016

4 May 2016

The Government has extended the coverage of the $5 billion Northern Australia Infrastructure Facility.

Following detailed consideration, the facility will now include the wider areas of Exmouth and Carnarvon and the local government shires of Meekatharra and Wiluna, in Western Australia.

“Melissa Price has been integral to the extension of this facility by making strong representations on behalf of her constituents. This facility will help fund key economic infrastructure that will create [...]