Guest The Pom Queen Posted October 10, 2016 Share Posted October 10, 2016 The richest woman in the world warned her fellow countrymen they are becoming too expensive to employ. Mining tycoon Gina Rinehart said it is becoming too costly for multinational companies who could hire workers for two dollars a day in Africa. The 58-year-old said in a video address yesterday that businesses are forced to look to other nations as the price for Australian labour is too high, something which was immediately criticised by Prime Minister Julia Gillard. Club, Gina Rinehart said Australia must become more competitive. Ms Rinehart, head of resources giant Hancock Prospecting, blamed the government's mining and carbon taxes, red tape and high wages for the economy's 'sluggish' performance. ‘The evidence is unarguable, Australia is indeed becoming too expensive and too uncompetitive to do export-oriented business,’ she said. ‘Furthermore, Africans want to work, and its workers are willing to work for less than $2 per day. Such statistics make me worry for this country's future This drew immediate criticism from Prime Minister Julia Gillard. ‘It's not the Australian way to toss people $2, to toss them a gold coin, and then ask them to work for a day. ‘We support proper Australian wages and decent working conditions.’ Ms Rinehart also attacked the Australian government, accusing them of not being competitive enough on the international markets, and added: ‘If we competed at the Olympic Games as sluggishly as we compete economically there would be an outcry.’ Her outburst came a day after iron ore giant Fortescue announced it would defer planned developments. Last month BHP Billiton shelved its multi-billion dollar expansion of the Olympic Dam copper and uranium mine. Australian mining projects have faced headwinds from depressed conditions in Europe and the United States, softening growth in China and increased competition from other producers as well as falling commodity prices. The price of iron ore, a crucial ingredient in steelmaking, has fallen dramatically in the past two months as the Chinese economy slows, while the price of coal, another major Australian export, has also dropped sharply. Prime Minister Gillard insisted that Australia would continue to be competitive in mining. 'We're going to compete on our great mineral deposits, our application of technology and high skills to the task. We mine differently than in other countries,' she said. Link to comment Share on other sites More sharing options...
Cappuccino99 Posted October 10, 2016 Share Posted October 10, 2016 That's an article from 2012.....Julia Gillard is no longer Prime Minister! Link to comment Share on other sites More sharing options...
Guest The Pom Queen Posted October 10, 2016 Share Posted October 10, 2016 Lol you are right, it came up on my FB feed and I didn't even look at the date. Maybe I shouldn't post whilst I'm in hospital otherwise we will all be in a time warp lol Link to comment Share on other sites More sharing options...
Grabri Posted October 10, 2016 Share Posted October 10, 2016 Get better soon! Link to comment Share on other sites More sharing options...
Bobj Posted October 10, 2016 Share Posted October 10, 2016 My first job was at WH Smith's in British Central Bradford and I got the 'princely' sum of $5 a week, half of Gina's amount...:laugh: Cheers, Bobj. Link to comment Share on other sites More sharing options...
bunbury61 Posted October 10, 2016 Share Posted October 10, 2016 The richest woman in the world warned her fellow countrymen they are becoming too expensive to employ. Mining tycoon Gina Rinehart said it is becoming too costly for multinational companies who could hire workers for two dollars a day in Africa. The 58-year-old said in a video address yesterday that businesses are forced to look to other nations as the price for Australian labour is too high, something which was immediately criticised by Prime Minister Julia Gillard. Club, Gina Rinehart said Australia must become more competitive. Ms Rinehart, head of resources giant Hancock Prospecting, blamed the government's mining and carbon taxes, red tape and high wages for the economy's 'sluggish' performance. ‘The evidence is unarguable, Australia is indeed becoming too expensive and too uncompetitive to do export-oriented business,’ she said. ‘Furthermore, Africans want to work, and its workers are willing to work for less than $2 per day. Such statistics make me worry for this country's future This drew immediate criticism from Prime Minister Julia Gillard. ‘It's not the Australian way to toss people $2, to toss them a gold coin, and then ask them to work for a day. ‘We support proper Australian wages and decent working conditions.’ Ms Rinehart also attacked the Australian government, accusing them of not being competitive enough on the international markets, and added: ‘If we competed at the Olympic Games as sluggishly as we compete economically there would be an outcry.’ Her outburst came a day after iron ore giant Fortescue announced it would defer planned developments. Last month BHP Billiton shelved its multi-billion dollar expansion of the Olympic Dam copper and uranium mine. Australian mining projects have faced headwinds from depressed conditions in Europe and the United States, softening growth in China and increased competition from other producers as well as falling commodity prices. The price of iron ore, a crucial ingredient in steelmaking, has fallen dramatically in the past two months as the Chinese economy slows, while the price of coal, another major Australian export, has also dropped sharply. Prime Minister Gillard insisted that Australia would continue to be competitive in mining. 'We're going to compete on our great mineral deposits, our application of technology and high skills to the task. We mine differently than in other countries,' she said. 2012 or 2016 the inference is the same .. Its called globalisation ....people like her couldn't give a **** who does the work ...cheaper the better ....all those hard earned rights ..out the window Link to comment Share on other sites More sharing options...
northshorepom Posted October 10, 2016 Share Posted October 10, 2016 2012 or 2016 the inference is the same ..Its called globalisation ....people like her couldn't give a **** who does the work ...cheaper the better ....all those hard earned rights ..out the window t'ain't nothing new.... Link to comment Share on other sites More sharing options...
ramot Posted October 10, 2016 Share Posted October 10, 2016 Lol you are right, it came up on my FB feed and I didn't even look at the date. Maybe I shouldn't post whilst I'm in hospital otherwise we will all be in a time warp lol Take care of yourself xM Link to comment Share on other sites More sharing options...
FTA Posted October 20, 2016 Share Posted October 20, 2016 Its called globalisation ....people like her couldn't give a **** who does the work ...cheaper the better ....all those hard earned rights ..out the window You can't have your cake and eat it. Link to comment Share on other sites More sharing options...
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