WEBVTT - How Gina Rinehart's friendship with Trump will change Australia

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<v Speaker 1>From Schwartz Media. I'm Ruby Jones. This is seven am.

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<v Speaker 1>The knight Donald Trump claimed victory. He celebrated with his

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<v Speaker 1>closest friends. Among them was Australia's richest person, Gina Reinhart.

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<v Speaker 1>Rein Hart, who describes herself as a longstanding member of

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<v Speaker 1>the Trump support group the Trumpets, is not only cultivating

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<v Speaker 1>her ties among America's right wing political elite, She's long

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<v Speaker 1>been a highly influential figure in Australian politics too, and

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<v Speaker 1>with the Australian election just months away, Reinhart's friendship with

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<v Speaker 1>Opposition leader Peter Dutton is more pertinent than ever. Today,

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<v Speaker 1>National correspondent for the Saturday Paper, Mike Sekham on Gina Reinhart,

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<v Speaker 1>her money and how she uses it to shape the country.

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<v Speaker 1>It's Tuesday, November twenty six, So, Mike, Gina ryan Hart.

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<v Speaker 1>We all know her Australia's richest person. Her fortune, of course,

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<v Speaker 1>was made from her mining interests. But tell me just

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<v Speaker 1>how rich is she?

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<v Speaker 2>Well? According to Forbes magazine, she's worth, at the most

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<v Speaker 2>recent count, thirty point one billion dollars, which, as you say,

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<v Speaker 2>makes her Australia's richest person by quite a long way.

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<v Speaker 2>Second place is another mining magnate, Andrew Forrest, and he

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<v Speaker 2>was worth slightly less than half of what Gina was worth.

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<v Speaker 2>So she's rich.

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<v Speaker 3>Mate, okay.

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<v Speaker 1>And so what is the story of how she amassed

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<v Speaker 1>that kind of wealth.

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<v Speaker 2>Well, really it's largely the luck of birth. I've got

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<v Speaker 2>to say. Her father was an iron ore explorer, Lang Hancock.

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<v Speaker 2>He was very politically conservative, quite an outspoken racist. In fact,

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<v Speaker 2>in a TV interview back in nineteen eighty four he

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<v Speaker 2>said some incredibly things about sterilizing Indigenous people in order

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<v Speaker 2>that we might quite breed them out. So not a

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<v Speaker 2>very nice man really, and he didn't just give his

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<v Speaker 2>awful opinions. He also gave lots of money to politicians,

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<v Speaker 2>including hundreds of thousands to his good friend Joe biaka Pedersen,

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<v Speaker 2>who was the strongman Premier of Queensland in the sort

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<v Speaker 2>of sixties seventies eighties and led a notably corrupt government

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<v Speaker 2>at the end of which a number of his ministers

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<v Speaker 2>went to jail. So anyway, Gina has followed in her

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<v Speaker 2>father's footsteps in business. She became executive chairwoman of Hancock

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<v Speaker 2>Prospecting in nineteen ninety two, its biggest asset is the

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<v Speaker 2>Royal Hill Mining Project, which started shipments to Asia in

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<v Speaker 2>twenty fifteen. She's also got investments in rare earth minerals,

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<v Speaker 2>in gas, in cattle, and in property.

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<v Speaker 1>Okay, so, Gina ryan Hart. She took her father's business

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<v Speaker 1>and built on it, making ever more money over the years.

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<v Speaker 1>Has she also followed in his footsteps when it comes

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<v Speaker 1>to seeking political influence? Mike, what do we know about

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<v Speaker 1>her donations? Well?

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<v Speaker 2>Absolutely, she's a major donor to the Conservative parties, to

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<v Speaker 2>the Liberal and National Parties. I might ad not always

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<v Speaker 2>as open about it as is legally required. Back in

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<v Speaker 2>twenty twenty three, an investigation by the ABC revealed a

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<v Speaker 2>donation of almost one hundred and fifty thousand dollars to

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<v Speaker 2>the Liberal Party from Hancock Prospecting, but routed through a

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<v Speaker 2>third party, a little mob called the Sydney Mining Club.

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<v Speaker 2>It was only after the ABC began asking questions that

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<v Speaker 2>ryan Hart finally declared it. She also cultivates relationships with

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<v Speaker 2>senior figures on the Conservative side of politics. Tony Abbott

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<v Speaker 2>was close to her Barnaby Joyce, former leader of the

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<v Speaker 2>National Party, Matt Canavan, probably the most prominent climate denier

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<v Speaker 2>among the coalition ranks, and of course the current Opposition leader,

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<v Speaker 2>Peter Dutton in particular, appears to cherish the relationship that

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<v Speaker 2>he has with her.

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<v Speaker 4>Disclosed trip on Thursday night, which so Dutton could be

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<v Speaker 4>the star speaker at the private seventieth birthday party for

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<v Speaker 4>Gina Hina estimated Dutton was at the event for about

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<v Speaker 4>forty minutes before presumably getting on a red eye flight

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<v Speaker 4>to Melbourne where he appeared in a Friday morning campaign

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<v Speaker 4>event for Dunkley.

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<v Speaker 2>His office said he paid for those flights himself and

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<v Speaker 2>by the way, the Liberals lost the by election. More recently,

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<v Speaker 2>we've heard other stories about Dutton flying on Ryinhart's private jet,

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<v Speaker 2>which he's defended by saying it saves the taxpayer's money

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<v Speaker 2>because she lets him use the jet for free.

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<v Speaker 5>I thought that was very expensive and the cheap option

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<v Speaker 5>for the taxpayer was for my office to speak to

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<v Speaker 5>missus Reinhardt's office as to whether the plane might be

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<v Speaker 5>available that was at zero cost to the taxpayer.

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<v Speaker 2>In one case, last November, Dutton was flown to roy Hill,

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<v Speaker 2>which is up in the north of Western Australia in

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<v Speaker 2>the Pilbro where he gave a speech which just may

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<v Speaker 2>have been written for him by Ynahut herself.

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<v Speaker 3>We need to hear more parents tell their children the

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<v Speaker 3>schools they attend and the cities they live in are

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<v Speaker 3>only possible because of the mining sector. We need to

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<v Speaker 3>hear more teachers tell their students that the roads, the bridges,

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<v Speaker 3>and the railways that we travel on have been constructed

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<v Speaker 3>thanks to your sector.

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<v Speaker 2>He also lauded the work that she carried out at

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<v Speaker 2>the MIND as being quote a national treasure unquote. So

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<v Speaker 2>he's pretty pretty keen to keep Gina onsite.

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<v Speaker 1>I think you would say, right, clearly, some of these

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<v Speaker 1>personal relationships they're working out well for Gina. Are there

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<v Speaker 1>other ways that she seeks political influence?

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<v Speaker 4>Mike?

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<v Speaker 2>She also donates to conservative think tanks, the most prominent

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<v Speaker 2>of them at the Institute of Public Affairs, or the IPA.

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<v Speaker 2>The IPA was founded back in nineteen forty three by

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<v Speaker 2>a group of prominent businessmen, including Sir Keith Murder, father

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<v Speaker 2>of Rupert, and over the years it has campaign against

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<v Speaker 2>Aboriginal land rights, against racial discrimination laws, and particularly against

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<v Speaker 2>measures to address climate change. As to who funds the IPA, well,

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<v Speaker 2>it's always been very cagey about that, but Back in

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<v Speaker 2>twenty eighteen, as a consequence of a long running dispute

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<v Speaker 2>involving the Rhineharts in the New South Wales Supreme Court,

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<v Speaker 2>Reinehart was forced to reveal that over the two preceding

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<v Speaker 2>years she had given the IPA something like four point

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<v Speaker 2>five million dollars and that accounted for, you know, by

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<v Speaker 2>various estimates, between a third and a half of its funding,

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<v Speaker 2>by billionaire standards, by the standards of Rhinehart's wealth. You know,

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<v Speaker 2>four point five million is not a lot of money,

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<v Speaker 2>but you know it's enough to fund a lot of

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<v Speaker 2>ten inchies research. And anyway, the IPA's influence goes beyond

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<v Speaker 2>mere money. It maintains very close links with the Murdoch

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<v Speaker 2>media empire and also serves as kind of a hotbed,

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<v Speaker 2>I guess you would say for the conservative side of

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<v Speaker 2>Australian politics. Trains up a lot of liberal politicians and

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<v Speaker 2>there appears to be a level of coordination in all

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<v Speaker 2>of this. As an example, rein Hart was linking housing

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<v Speaker 2>shortages to immigration back in as Dutton declared his intention

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<v Speaker 2>to slash Australia's migrant intake. Reinhart was championing nuclear power

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<v Speaker 2>before the coalition embraced it. So just how far reaching

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<v Speaker 2>Reinehart's influence is on coalition policy kind of remains to

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<v Speaker 2>be seen, largely because the Dutton opposition has released so

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<v Speaker 2>little policy to date. But as we get close to

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<v Speaker 2>the election, likely you know, by next May, I think

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<v Speaker 2>the full extent will become clearer. What we do know

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<v Speaker 2>is that the Institute of Public Affairs doesn't act alone.

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<v Speaker 2>It's part of a global network of conservative think tanks

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<v Speaker 2>united by a very specific worldview, one that's shaping the

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<v Speaker 2>future of the United States.

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<v Speaker 1>Coming up after the break that network and what Gina

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<v Speaker 1>Reinhart's influence in the United States tells us about her

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<v Speaker 1>plans for Australia. Mike, you've outlined the ways that Gina

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<v Speaker 1>Reinhart uses her wealth to five and not only conservative

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<v Speaker 1>political parties, but also the Institute of Public Affairs, which

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<v Speaker 1>develops research and these talking points that end up funneled

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<v Speaker 1>through conservative media and laying the groundwork for coalition policy.

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<v Speaker 1>But can you tell me more about how the IPA,

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<v Speaker 1>how it fits into this bigger global picture.

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<v Speaker 2>Well, the IPA is part of a global network of

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<v Speaker 2>hundreds of conservative think tanks. It's one of eight in

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<v Speaker 2>Australia with these global ties. The two most prominent in

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<v Speaker 2>this country are the IPA and the Center for Independent Studies,

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<v Speaker 2>which was central to the disinformation campaign around the Indigenous

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<v Speaker 2>Voice to Parliament. This global network is called the Atlas Network,

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<v Speaker 2>comprising around five hundred and fifteen think tanks across ninety

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<v Speaker 2>nine countries. And we've just seen a very big example

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<v Speaker 2>of what these think tanks are able to achieve when

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<v Speaker 2>they work together. Hundreds of them under the leadership of

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<v Speaker 2>their Heritage Foundation, which is another member of the Antlas

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<v Speaker 2>network in the US, got together to create Project twenty

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<v Speaker 2>twenty five, which was essentially the policy roadmap of the

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<v Speaker 2>incoming Trump administration.

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<v Speaker 1>Yeah, Project twenty twenty five. It had a lot of

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<v Speaker 1>bad press during the presidential debate. Trump even distanced himself

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<v Speaker 1>from it at one point because of these plans that

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<v Speaker 1>it put forward that included guarding the government, replacing bureaucrats

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<v Speaker 1>with loyalists, expanding presidential power dramatically, and also the size

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<v Speaker 1>and the role of the military. So what is the

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<v Speaker 1>overarching philosophy or ideology that unites all of these groups, Mike.

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<v Speaker 2>Well, we got something of an insight into this back

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<v Speaker 2>in April when a woman called Jennifer Grossman, who's the

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<v Speaker 2>American chief executive of the Atlas Society, which is a

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<v Speaker 2>related but separate body, hosted an event in Perth to

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<v Speaker 2>present Jena Einheart with a Lifetime Achievement award. And before

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<v Speaker 2>she even I and a mouth, Jennifer Grossman's attire spoke volumes.

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<v Speaker 2>I think she wore a biscuit colored plain outfit, unadorned

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<v Speaker 2>except for an enormous shiny brooch in the shape of

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<v Speaker 2>a dollar sign above her heart. Now, the Atlas Society

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<v Speaker 2>takes its name from the mid twentieth century book written

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<v Speaker 2>by author Einrand. The book was called Atlas Shrugged. It

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<v Speaker 2>was a nineteen fifty seven dystopian book about the dire

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<v Speaker 2>consequences that ensue when government and the plebs interfere with

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<v Speaker 2>the virtuous pursuit of wealth. Rand wrote a number of

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<v Speaker 2>books in the same vein thoy've frequently been criticized as elitist, racist,

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<v Speaker 2>and badly written. But Reinhart told Grossman that she'd been

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<v Speaker 2>a fan of Rand since she read Atlas Shrugged at

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<v Speaker 2>age thirteen. And I'll quote her now. She said, the

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<v Speaker 2>values that we're in that book I haven't shied from

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<v Speaker 2>ever since, and Reinhart summarized the central message of Rand's

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<v Speaker 2>books as there's no such thing as a free lunch.

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<v Speaker 2>Rand herself, however, characterized her philosophy as quoting her the

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<v Speaker 2>virtue of selfishness.

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<v Speaker 1>Okay, so, Mike, how do you think that Gina ran

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<v Speaker 1>Hart's admiration for this particular worldview? How do you think

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<v Speaker 1>it's going to play out? As her political influence in

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<v Speaker 1>the United States strengthens.

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<v Speaker 2>She has incredible access over there. When the victory party

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<v Speaker 2>was held at Marri Lago after the election, there was

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<v Speaker 2>Gina ryan Hart. And it's not just her access to Trump.

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<v Speaker 2>She's just met with Elon Musk. The details of their

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<v Speaker 2>meeting are private, but Gina Reinhart told the Financial Review

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<v Speaker 2>that it was quote a chance to congratulate Elon on

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<v Speaker 2>his leadership to drive an office of government efficiency. He's

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<v Speaker 2>talking about cutting maybe one third of government spending. Ryan

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<v Speaker 2>Hart said this was an approach quote much needed in

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<v Speaker 2>Australia too. And this meeting with Musk raises the question,

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<v Speaker 2>I guess of whether rein Hart might be seeking a

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<v Speaker 2>similar role only for Dutton. And the question was actually

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<v Speaker 2>put to one of the tear independents, Monique Ryan, on

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<v Speaker 2>breakfast television a week after the US election. Monique, what

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<v Speaker 2>about Gina or Twiggy come in and try and sort

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<v Speaker 2>the red tape out here in a government of efficiency.

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<v Speaker 6>Yeah, look as exactly. That's exactly the corolla I was

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<v Speaker 6>going to make Carl. You've got the world's richest man,

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<v Speaker 6>and you've given him this position of incredible influence in

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<v Speaker 6>the American government. I think jobs for mates is a

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<v Speaker 6>very bad idea. I don't think that politicians should be

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<v Speaker 6>putting their friends, their dear friends into positions of great

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<v Speaker 6>influence in this country exactly.

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<v Speaker 2>And then I rang her later and she ventured that

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<v Speaker 2>Australia's system of government would probably not allow a formal

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<v Speaker 2>appointment allah mask. But she was worried, nonetheless, that Dutton

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<v Speaker 2>would take advice as Prime Minister from his RANDI and

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<v Speaker 2>friend Gina Reinhart.

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<v Speaker 1>Okay, So, Mike, what does all of this mean for

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<v Speaker 1>gena Iryn Hart's position in Australian public life, especially if

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<v Speaker 1>the Coalition does win the next selection and her friend

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<v Speaker 1>Peter Dutton becomes the Prime minister. Should we expect to

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<v Speaker 1>see more of her and hear more of her ideas

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<v Speaker 1>about tax and bureaucracy and immigration.

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<v Speaker 2>You know, I think it's pretty clear that she would

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<v Speaker 2>seek to use political influence. She's trying to use political

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<v Speaker 2>influence already. She's trying to get government policy in place

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<v Speaker 2>that would suit her business interests and would make her wealthier.

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<v Speaker 2>You know, is there a risk here for Dutton in

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<v Speaker 2>being seen to fall in line with the demands of

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<v Speaker 2>the country's richest person. Until recently you would have thought

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<v Speaker 2>there was, But look at what happened in the US.

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<v Speaker 2>When you throw enough money behind a campaign, no matter

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<v Speaker 2>how preposterous or how obviously self serving, an alarmingly large

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<v Speaker 2>number of people will fall for it.

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<v Speaker 1>Mike, thank you so much for your time.

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<v Speaker 2>Thanks Ruby, cheers.

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<v Speaker 1>Also in the news today, Independent Senator Lydia Thorpe and

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<v Speaker 1>her former Green's colleague, Senator Marine Ferruki, have asked the

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<v Speaker 1>Senate to investigate the prevalence of racism and sexism in

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<v Speaker 1>the federal halls of power, with Thorpe telling the press

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<v Speaker 1>that Parliament is quote simply not safe if you are

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<v Speaker 1>a woman of color, and the Supreme Court has found

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<v Speaker 1>that Victoria police engaged in a quote joint criminal Enterprise

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<v Speaker 1>when they recruited barrister Nicola Gobbo to inform on her clients,

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<v Speaker 1>including drug king pin Tony Mockbell. The findings, which investigated

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<v Speaker 1>the behavior of police and prosecutors, found that at least

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<v Speaker 1>four members of Victoria Police worked with Gobbo to pervert

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<v Speaker 1>the course of justice. The outcome of this case could

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<v Speaker 1>see Mockbell, who's currently serving a thirty year sentence of

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<v Speaker 1>his conviction overturned on appeal. I'm Ruby Jones. This is

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<v Speaker 1>seven am. Thanks for listing