$21-billion Gina wants tax cuts
GINA Rinehart wants Australians to get a tax cut, for businesses to have less red tape to kick start industry and create jobs which aren’t just in the service industries.
Australia’s richest person, and the Territory’s largest landholder, has outlined her vision to get Australia working again.
Mrs Rinehart visited her Roy Hill mega mine this week to christen an additional five pink trucks, which were painted in the pastel shade, continuing her efforts to raise awareness of breast cancer.
In an exclusive interview Mrs Rinehart warned that Australia risked falling behind countries like India unless there was urgent action to cut tax and red tape.
“We are at the high end of taxation,” she said at her Roy Hill mine in outback Western Australia. “It’s the two Ts, tax and tape. The huge almost un- seen one is the huge cost of our bureaucracy and its red tape.
“Without investment we can’t maintain our living standards.” She said businesses were finding it tough because red tape was worse now than it was under the “socialist anti business Whitlam government” of the 1970s.
Mrs Rinehart this month was back on top of the Forbes rich list with an estimated fortune of more than $21.5 billion.
She said Australia was under pressure to attract investment and jobs.
She wants Australia to continue to be an exporter, not just provide service industries such as banking and tourism.