Gina Rinehart’s $3m Patron’s Medal Achievement Incentive Fund

“Today’s launch of this very special achievement fund is much welcomed by our athletes, their families, coaches and Australia wide. There is no other patron who has been so generous with both their personal support and advocacy for our athletes, and it has been a great joy to work alongside Mrs Rinehart and see our rower’s performance improve and improve. The financial support Gina Rinehart and Hancock Prospecting has announced, incredibly is on top of the recently reported $60m+ investment she has already enabled over the last decade, that supports our fantastic world class athletes.”

Read More

Gina Rinehart’s $3m Patron’s medal achievement incentive fund

The Patron’s Medal Achievement Incentive Fund, powered by Hancock Prospecting, initially commits $3m over two years in the lead up to and at the Paris 2024 Olympic and Paralympic Games. It will provide performance-based payments to the country’s best swimmers, rowers, volleyball players and artistic swimmers should they win medals at a World Championship, and Olympic or Paralympic Games and is the only private performance initiative of its scale to benefit Australian Olympic and Paralympic sport medal achievers, outside Government and Australian Olympic Committee funding.

Read More

Happy cows recipe for better class of milk, study suggests

Healthy, happy cows may produce higher-quality milk, according to researchers studying the vitamin and mineral profile of milk from dairies across Western Australia. While the milk from all six WA dairies tested showed high levels of B12, B2, calcium, and lactoferrin, a dairy part-owned by billionaire Gina Rinehart stood out for its particularly high vitamin and calcium content. “It’s interesting because we’ve been producing consumer milk for more than 18 years now and in that time a lot of people have said, ‘what do you do differently?’, and so we’ve been aware that our milk is different, but not really sure why,” Bannister Downs managing director Sue Daubney said. The next phase will aim to determine the exact drivers behind the higher-quality product by testing it against other variables.Bannister Downs is jointly owned by the Daubney family and Mrs Rinehart’s Hancock Prospecting.

Read More
Back to top