Gina Rinehart on work, loyalty and 30 years in mining
Australia’s richest person has provided a rare insight into her initial struggles, motivations and ambitions after celebrating 30 years at the helm of what is now the country’s biggest private company.
Mrs Rinehart christens latest Oldendorff vessel
The newest Oldendorff Carriers capesize vessel has today been christened “Gina Oldendorff” after Mrs Gina Rinehart AO, who had the honour this morning of christening the huge ship, in the traditional way, with a bottle of champagne. Oldendorff carried the first shipment of iron ore from Roy Hill in December 2015, and since then has carried more than 46.6 million tonnes of Roy ore over 244 shipments, as well as shipments from Atlas. Today’s special occasion marked the valued and friendly relationships extending over years between the companies. Mrs Rinehart when christening the ship wished the vessel and all its crew many safe journeys, and many happy returns.
Company gives out $100,000 bonuses
Forty-one lucky employees of Hancock Prospecting will be receiving a cash bonus of $100,000 as executive chairman Gina Rinehart prepares another raffle this week.The massive bonus comes as Rinehart marks her 41 years at Hancock, as well as her 69th birthday on Thursday, news.com.au reported.Former Roy Hill CEO Barry Fitzgerald said the scheme is a “tremendous example” of Rinehart’s generosity and appreciation of staff. “The Chairman’s Profit Scheme means that everybody’s joint efforts pay off, with our people genuinely engaged with driving the performance of our operations and business,” he said in a statement. “The scheme creates a unique opportunity for our staff to drive performance at Roy Hill and participate in the profitability of this Great West Australian mining operation and company.”
Isobella Martin | quote
I could not be prouder to work for this wonderful company and represent women in mining. 5 years working for the generous Mrs Rinehart at Roy Hill. I have gained so much personally and professionally. The best part is, I have only just scratched the surface.
Record number of Australian pensioners are marching back to work
According to the Bureau of Statistics, an army of Australian workers over the age of 65 are marching back to work, pushing the number of pensioners employed beyond pre-pandemic levels. Breaking the record with 689,000 pensioners employed around Australia, the pandemic, labor shortages and an increase in the amount a pensioner can earn are all contributing factors. Ian Henschke, Chief Advocate for National Seniors Australia, told 6PR Afternoons host Jo McManus that Australia should stop looking to overseas workers to fill the labor shortage.
What Australia’s seniors can expect ahead of 2023
A variety of changes will come into effect as of this week which will affect Australia’s elderly. There are calls to allow older Australians to work without losing their pension. Chief Advocate of the National Seniors Association Ian Henschke told James Willis it could become a reality this year.
Ian Henschke: Older Australians and retirees can help solve record job vacancies
Australia is facing a workforce crisis it has never seen before. Job vacancies are approaching half a million, dragging business and economic growth down and fuelling a cost-of-living crisis. These labour shortages put pressures on food prices, affect supply, and export earnings. National Seniors Australia’s submission to the white paper recommends policies to support workforce participation throughout a person’s life to boost income and savings in later life. One of the key barriers to workforce participation is our punitive tax and transfer system. Centrelink payment recipients are unfairly punished if they work, creating the biggest sources of inequality in Australia.
