News - Hancock Agriculture

Hancock Prospecting warns Closing Loopholes Bill could see mining move to countries with lower standards

“If increased regulatory burdens cause new mining projects to be delayed or cancelled, Australia will be unable to satisfy the rising iron ore demand created by net zero targets,” Hancock Prospecting chief executive of group operations Gerhard Veldsman said. Gina Rinehart has warned controversial industrial relations reforms could push mining away from Australia to countries with lower environmental standards.

RED TAPE GROWING FASTER THAN ECONOMY

Australia is struggling under the burden of red tape that is growing at nearly twice the rate of the national economy, leading to urgent calls for parliament to act to cut out-of-date regulations and ban new rules from being imposed without old ones being repealed.

Gina Rinehart’s Hancock Agriculture will use beef profits to finance more property expansion

Ms Rinehart has famously sold off many of the enormous Kidman stations across central and northern Australia to continue her switch to feedlotting for her Wagyu and Santa Gertrudis brands. “Hancock Prospecting remains committed to increasing its investment in the agricultural sector,” the company states in its annual financial report produced this week. The company said the substantial profits made from its beef operations “are being re-invested in high quality properties as opportunities of value are identified”.

A Champion of our Veterans

Few figures embody the essence of great Aussie values and respect for our military more than Mrs Gina Rinehart AO.

FROM SERVICE TO SUCCESS: HANCOCK PROSPECTING’S VETERAN EMPLOYMENT PROGRAM

In addition to its impressive corporate successes in the mining and agricultural industries, Hancock Prospecting group of companies are amongst those leading the way in supporting the men and women who have served and sacrificed for their country.

WA leads the way in philanthropy

“We have many stories of families in our businesses who have, like so many others throughout West Australia, been a beneficiary of Telethon programs.” Hancock Prospecting chief executive Garry Korte said: “To the brave kids and parents who show such strength in the face of adversity, Hancock Prospecting, HanRoy, Hancock Agriculture, S Kidman & Co, Roy Hill and Atlas Iron are proud to again play a role in supporting you. “To our great mining State that does the heavy lifting for the entire country economically, we are so proud of what our industry does to support important causes. As our executive chairman, Gina Rinehart says, ‘when mining does well, Australia does well’.

Telethon Ball: Generous A-listers come together to raise millions for sick children at annual charity event

The annual Telethon Ball lived up to its reputation as Australia’s most exclusive and generous invitation-only black-tie event on Saturday night with millions of dollars raised for sick children by a guest list that ranged from billionaire philanthropists to influential politicians and bosses of the nation’s biggest companies. “We are investing in kids’ futures and research. This means another thousand kids are going to be better off and that’s got to be a good thing.” Australia’s richest person and reigning Western Australian of the Year, Gina Rinehart, was at the ball along with many of the most senior staff from her sprawling empire.

Roy Hill welcomes Australian Artistic Swimming

The Australian Artistic Swimming team, development squad and coaches were on deck at our Perth Headquarters last month to learn about their Principal Partner, Hancock Prospecting. Our Executive Chairman, Mrs Gina Rinehart, is the largest individual supporter of Australian Olympic and Paralympic athletes, and through Hancock Prospecting, Roy Hill is an Australian Olympic Partner. In the latest edition of the Athlete Roadshow Series, employees from across the Hancock Prospecting companies briefed the team on the various operating businesses, our vital work in the community and the diverse range of career opportunities in mining. Hancock Agriculture businesses were on hand to provide the team with a nutritious lunch, including products from 2GR Wagyu, Kidman Pies and Bannister Downs flavoured milk. Artistic swimming is one of the four Olympic sports with Hancock Prospecting as its principal partner, along with swimming, rowing and volleyball.

PGA Conference | Peter Dutton Speech

2023

PGA reflects on year with annual dinner

The Pastoralists and Graziers Association of WA (PGA) Awards dinner, at Crown Botanicals last week, was a chance to glam up and reflect on a successful day of speakers and interaction at the annual PGA Convention held earlier in the day. The 2023 PGA Rural Achievement Award, for service to the agricultural industry, rural and regional Western Australia and the PGA was announced by PGA president Tony Seabrook. The winner was Gina Rinehart, executive chairman of both Hancock Prospecting and Hancock Agriculture, with the award accepted on her behalf by Hancock Agriculture CEO, Adam Giles.

BIG MINERS DIG IN TO FEND OFF PLANNED IR REFORMS

But Mr Veldsman said that, under the Bill, there was no guarantee those different categories of driver would continue to be paid about the same. “We’re talking about draft legislation where the ‘full rate of pay’ is so unclear, so undefined, so broad and so open to speculation that we can’t say in future if this Bill is to actually pass that we can still do that,” he said. Mr Veldsman added a number of Hancock’s projects had already stalled due to red tape. Another major concern is a proposal to give casual workers the right to ask to convert to permanent employment after six months of regular hours.

2023 Pastoralists and Graziers Association (PGA) | Brianna McKee Speech

5 October 2023.