This Month
Iron ore miners take dig at WA over 25pc port fee hike
Iron ore heavyweights represented by the Port Hedland Industries Council have taken a swipe at a WA government fee hike that comes on top of a multi-billion dollar royalties windfall.
- Brad Thompson
May
How we shot the 2021 Rich List
There were a few dramas trying to capture some of the stunning photos for this year’s list of Australia’s wealthiest people.
- Matthew Drummond
The 200 richest people in Australia revealed
Australia’s billionaires have thrived during the pandemic year – and some on this year’s Rich List have reaped even bigger rewards from a soaring iron ore price.
- Updated
- Michael Bailey and Julie-anne Sprague
- Opinion
- The AFR View
Rich List renews and repurposes
Recycled, regenerated, renewable: this year’s Australian Financial Review Rich List shows Australia’s richest people are repurposing business for sustainability.
- The AFR View
BHP to increase train driver ranks by 45pc amid ‘critical’ shortage
BHP has signaled it has no plans to automate its iron ore trains, saying the 200 extra locomotive drivers it wants to hire will have ‘rewarding careers’.
- Peter Ker
- No. 44
- Rich List
The son of Australia’s richest person on forging his own path
After a decade of legal fights with his mother, John Hancock is making his own way in the world. And so far the returns are good.
- Updated
- Julie-anne Sprague
How John Hancock backed the market’s biggest winner
A chat on a chairlift above Canada’s playground for the rich led John Hancock to make an investment in what turned out to be Australia’s best performing stock over the past year.
- Julie-anne Sprague
Creso Pharma high on EverBlu Capital
Its AGM season and Creso Pharma has resolutions seeking to hand out shares to its major shareholder’s other business.
- Tom Richardson
- Opinion
- Chanticleer
Chinese move to cool iron ore may be no bad thing
China’s steel mills expect their government to try to slow surging demand. But that may give Australian iron ore miners a rare chance to diversify.
- James Thomson
Farm owners cash in on surging prices
Farmland prices have jumped almost 13 per cent in a year on the back of strong commodity prices and low interest rates.
- Brad Thompson
Iron ore boom to bolster Frydenberg’s war chest by $36b
The federal coffers will be boosted by $36 billion if record iron ore prices persist until Brazil returns to full capacity.
- Ronald Mizen and Peter Ker
April
Rinehart eases steel makers’ iron ore pain with big Roy Hill dividend
Australia’s richest person, Gina Rinehart, agreed to the $1.35 billion first quarter payment to offset the hurt her partners are feeling at their Asian mills.
- Peter Ker and Brad Thompson
Menegazzos’ Miranda Downs takes cattle station listings to $700m
The Menegazzo family’s Stanbroke Pastoral joins Gina Rinehart, former AAco director Nick Burton-Taylor and the Queensland government in selling prime grazing country.
- Larry Schlesinger
House sells for almost $11m in deal linked to Gina Rinehart
No records have indicated where Australia’s richest person might have picked up a Noosa spread despite frequent visits there – until now.
- Lucy Macken
David Kingston’s ludicrously tiny VGI shareholding
Kingston had a lot to say in February 2013, when Mark Carnegie bought 0.15 per cent of Fairfax Media.
- Joe Aston
Hard border hits truck driver shortage, iron ore exports
Mineral Resources’ Chris Ellison has blamed WA’s hard border for creating a truck driver shortage that has left iron ore ‘sitting idle’.
- Updated
- Peter Ker
Australia’s sleeping iron ore giant starts to stir
A huge, dormant mining project in the West Pilbara is showing signs of life, with hopes a partnership with an incumbent exporter could be struck this year.
- Peter Ker
March
Rinehart lieutenant warns MPs to prepare for iron ore price fall
The boss of Gina Rinehart’s Atlas Iron says Australia’s political leaders must cut the cost burden on the mining industry ahead of an inevitable fall in iron ore prices.
- Brad Thompson
Ellison welcomes first iron ore from mine at heart of Forrest feud
Chris Ellison’s Mineral Resources has started producing iron ore from a new mine at the centre of legal action by Andrew Forrest’s Fortescue Metals Group.
- Brad Thompson
How the Liberal Party lost its way in WA
The party sinks to all-time low as recriminations begin and Labor moves deep into what was the conservative heartland.
- Brad Thompson and Julie-anne Sprague
