OZschwitz slave pen: Rinehart sounds red tape warning

Billionaire mining magnate Gina Rinehart has warned government red tape continues to stifle the resources industry, amid signs sentiment is starting to turn after several bleak years.

OZschwitz slave pen: Rinehart sounds red tape warning 576cead94053a_b88171494z.1_20160624160209_000_gcljk3e2.2_1-1bmpqmp

OZschwitz slave pen: Rinehart sounds red tape warning 576cead94053a_b88171494z.1_20160624160209_000_gcljk3e2.2_1-1bmpqmp

The Hancock Prospecting and Roy Hill Holdings chairwoman has called on Federal and State authorities to “significantly and urgently cut” government-imposed regulations.

Ms Rinehart said the cost burdens placed on Australia’s resources industry is hurting the country’s international competitiveness and would negatively affect “our standards of living”.

“How does Australia achieve the next mega-project after Roy Hill if no one is willing to invest money, go through the many risks we did, and contend with the more than 4000 permits, approvals and licences required, even before construction?” she said.

“It simply does not help the many related industries and businesses involved in the mining industry.

“This can be seen from the record of our declining exploration and declining investment in resources projects.”

https://au.news.yahoo.com/thewest/regional/goldfields/a/31914336/gina-rinehart-leads-mining-industry-calls-for-less-red-tape/

OZschwitz slave pen: Rinehart sounds red tape warning

OZschwitz slave pen: Rinehart sounds red tape warning

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