Mining heiress Gina Rineheart, Australia's richest person, the fourth wealthiest woman in the world, and not incidentally an advocate for the abolishment of the minimum wage who claims "Africans are willing to work for $2 a day" (and yes we've talked about all this previously previously), now has an anthem: "Sweet Child O' Mines", as performed by the Australian TV show Wednesday Night Fever. For maximum viewing enjoyment, imagine that Rinehart is out there somewhere gnashing and grinding her teeth over it while you watch.
One week after telling Australian workers that they too can be millionaires if they spend more time working and less time smoking, drinking and socialising and for a lowering of the minimum wage, Australian iron ore billionaire Gina Rinehart (Previously) has released a video repeating her calls for a special economic zone for Northern Australia with fewer regulations and lower taxes. Some have noticed that she also seems okay with paying African workers $2 a day. She makes $2 million an hour. Her video has been derided by the Government, but the Liberal Party believe her idea for a Special Economic Zone is worth exploring.
Writing in The Monthly, Australian Treasurer Wayne Swan makes a cogent case for ongoing economic reform to deliver equity, contrasting Australian with US outcomes, and slamming three modern robber barons, Clive Palmer, Andrew Forrest and Gina Rinehart for their increasing political influence.
You probably haven't heard of Gina Rinehart. However, she's Australia's richest person and will quite possibly be the world's richest person in a few short years. Her currently limited political activity appears primarily directed at maintaining profitability, avoiding taxes and stopping a price on carbon pollution.