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‘This is a very big issue’: Mining magnate Gina Rinehart takes aim at net zero policy, calls for more practical policies

Gina Rinehart has offered a scathing assessment of the costs involved with achieving net zero at a regional summit, warning of the dire consequences for the agriculture industry. Ms Rinehart took aim at the handouts for “climate research and government advisers”, highlighting the angst she sees in the agriculture industry. “The type who have never successfully run a farm, a station, or other agriculture businesses,” she told the regional Queensland crowd. “I think we are also not looking at the costs involved with the agriculture industry.”

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STOP BEATING AROUND THE BUSH ON REGIONS

While business leaders and policymakers were converging in Perth on Monday for The Australian’s inaugural Bush Summit, more than 2000km away, in the state’s remote Kimberley region, pastoralist Chris Towne and a group of workers were battling to contain a massive fire sweeping across the plains of Gogo Station. Once again, the task of dealing with the blaze had fallen to Towne and his employees. And once again, there had not been any action taken against those suspected of starting the fires“If this was bushland outside Perth it would be front page news.” Towne’s experience in many ways encapsulates the sentiment expressed by many at the Bush Summit: that Western Australia’s regions feel forgotten and ignored.

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RINEHART ALARM ON NET ZERO TARGETS

Hancock Prospecting executive chair Gina Rinehart says the costs to agriculture of achieving net-zero targets has the potential to increase food prices at the supermarket and force farming families off their land. Ms Rinehart, in her keynote speech at The Courier-Mail Bush Summit, also sounded the alarm on red tape associated with mining which she said could take “decades” to navigate.

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GINA WARNS OF SOARING FOOD COSTS, SHORTAGES UNDER NET ZERO POLICY

Australia’s richest person Gina Rinehart has hit out at the costly impact of a “net zero” policy on farmers, warning of high food prices, food shortages and an exodus of farmers if the Federal Government doesn’t change its direction. She urged economic gains from regional areas be returned to communities and net-zero ambitions abandoned for farmers. 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. 

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Gina Rinehart’s bold vision for Australia’s future as she warns the country could face food shortages if nothing is done

She sent her strongest message about the expensive bill farmers were facing to meet zero emission CO2 targets. Her Hancock Agriculture business runs 14 farm properties in Western Australia with 12,000 head of Wagyu beef cattle, one of the largest herds in the country. ‘Agriculture usually doesn’t have the financial resources that the mining industry has and this is a big thing we I think we are overlooking,’ she said. ‘It just doesn’t have the resources – unless of course you’ve got, you know, a mining company in your back pocket. ‘You’ve actually got to add up the expense of these net-zero policies on farmers. ‘Just look at acquiring electric vehicles alone,’ she added. ‘Be they for lawn mowers motorbikes utes, four wheel drives, tractors, harvesters, trucks, bulldozers, graders, front end loaders. ‘It’s going to cost a fortune that farmers and pastoralists don’t have without a mining company in the back pocket. They just don’t have this money to be able to invest.’

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Gina Rinehart urges Albanese government to ease burden of net zero emissions on farmers as she calls for drastic red tape cut

The executive chair of Hancock Prospecting and Hancock Agriculture Gina Rinehart used the first Bush Summit in Western Australia to urge state and federal government to massively cut red tape, return regional revenue to the bush and ease the pain of net zero policies on farmers. Ms Rinehart delivered the keynote address at The Australian’s summit in Perth on Monday where she offered a list of key reforms to improve the lives of rural Australians.

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