September 6, 2012
Gina Rinehart is pretty free with her advice for how Australian citizens should live their lives. Last week week advised the poor who are jealous of the wealthy to stop whining and drinking, smoking and socializing so much, and work harder and longer. Presumably We should aspire to be billionaires like herself.
Rinehart also gave some advice to the socialist government in Canberra--to avoid Australia ending up like Greece the government needed to lower the minimum wage, as well as taxes.
Speaking at the Sydney Mining Club, Rinehart said that Australia's mining industry couldn't compete with nations that are willing to pay workers less than $2 a day for their sweat and labor. The implicit suggestion: Employers should be free to pay workers whatever they please. She also added that Australia is becoming too expensive. Australia could not afford the carbon tax or the mineral resources rent tax.
Rinehart's new economic zone for northern Australia would have fewer taxes and regulations and lower wages.