Happy 4th of July, America!

On behalf of our Executive Chairman, Mrs Gina Rinehart AO, Hancock Prospecting wishes all our American friends and their families a very Happy 4th of July!

This year’s celebrations are particularly special as they mark the 250th Independence Day. The United States have for many years been one of Australia’s most important friends and our staunchest ally, as well as under the present administration, being a shining example of policies that encourage investment and innovation, with the consequence of more opportunities and higher living standards.

As Mrs Rinehart remarked: “The United States under the current Administration is a very attractive country for investment because of its policies, importantly including policies making that country fuel and energy independent, and, significantly reducing government tape and regulation, including exiting the huge government tape and regulation and cost causing, Paris Accord and consequent net zero.

“That policy direction creates an environment where record investment has flooded in, in excess of 18 trillion dollars! Resulting in record stock market highs, plus an environment where innovation, hard work, and enterprise are encouraged, benefiting its citizens.

“Australia is suffering from a lack of such direction, instead remaining in the economy-damaging Paris Accord causing energy unreliability and high cost electricity which effects everything, and undertaking a more socialist big, hugely costly, government, which expense is not sustainable, and causing declining real investment and record crises, such as, the record debt crisis, record business failures crisis, declining productivity crisis, declining standard of living crisis, and more as we head towards recession and potentially stagflation. Unless the government causes of our crises change.”

As Elon musk says, “The larger government gets, the less individual freedom you have.”

Happy Independence Day, USA!