Mining billionaire Gina Rinehart weighs in on Australian election result, urging Liberals to ‘learn from loss’

David JohnsThe Nightly
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Camera IconGina Rinehart has weighed in on the Australian election result. Credit: Supplied

Mining billionaire Gina Rinehart has weighed in on Anthony Albanese’s landslide election win, urging the Liberal Party to “learn from the loss and rebuild”.

The executive chair of Hancock Prospecting said while the result was “devastating” for the Coalition, it was important not to “throw away truth and analysing skills, and instead learn from the loss and rebuild”.

“Australians have overwhelmingly voted in a returning the PM and Government, we must wish him well,” she said, saying Labor should “carefully consider” its policies.

“Let’s not forget, many of the returned government are parents too, do they really want to bring in ideological policies that will see the economy suffer and their children struggle?

“Let’s use this time to build, to enlarge the foundations of common sense, rationale and truth.”

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In a result even the pollsters didn’t predict, the Albanese Government won an increased majority on Saturday, with the Liberal vote crumbling to one of its worst seat totals in history.

Former opposition leader Peter Dutton also lost his seat, leading the Liberals to pick up the pieces while searching for a new leader.

Ms Rinehart referred to her trip to the US before the November election, saying she spoke with many struggling young former Democrats who had turned Republican.

“And what was I hearing from parents with young children, financially they were really struggling to cope,” she said.

“These previous young democrats, brought up in years of left propaganda miseducation, were becoming Republicans!

“Why are Americans getting it, and we aren’t?”

Gina Rinehart’s statement in full

“The left media did a very successful effort, frightening many in the Liberal Party from anything Trump and away from any Trump like policies.

This has been especially obvious this year, with the Liberals instead becoming known as the “me too” party. Trump style “make Australia great” policies via cutting government tape, government bureaucracy and wastage, and hence being able to cut taxes, too scarce in Australia this year to rate a mention.

No doubt the left media will now try to claim that the Liberal loss was because the liberal party followed Trump and became too right!

The two simply don’t add up!

Yes the loss was devastating for the Liberals, emotionally exhausting for many, disappointing and worrying for many, but important to not throw away truth and analysing skills, and instead learn from the loss and rebuild.

Too many Aussies seem very short on understanding that new investment is needed to create revenue and living standards. And hand in hand, it’s necessary to have sensible policies to attract investment in the first place, so that investment occurs and living standards, opportunities, jobs can be sustained. Shouldn’t be rocket science, but apparently it is. Somehow we now think inefficient excessively taxpayer funded gov building infrastructure, houses etc, can substitute, without consequences. One of the first things the Liberals need to do, is education, based on the old but true principles of common sense and truth.

While putting both feet into New York pre the USA November election, a known left educated, left voting, Democrat area, walking around the rubbish in streets, and more than a little concerned re safety at times, wearing my Trump hat and bag and more to attract, well, must admit I did let rotten eggs, tomatoes, slip into my mind, but hoping also to attract discussion.

And discussion it did. And what do you think those in their late 20’s and thirties were telling me, educated on left propaganda, it’s hard to get married, because they couldn’t afford homes, even rental, they were worried about their future, some were in their 30’s and worried they could never afford a family, yes, the USA birth rates have gone down. And what was I hearing from parents with young children, financially they were really struggling to cope. These previous young democrats, brought up in years of left propaganda miseducation, were becoming Republicans!

Why are Americans getting it, and we aren’t?

There are dedicated organisations working hard to bring back common sense and truth in the USA.

And it’s not just the USA where this is happening, Argentina, a socialist country for more than a century, with its people suffering terribly, Italy, Hungary and others are ahead of us too, abandoning the myths or untruths of the left, and instead letting their people benefit from the opportunities provided by the common sense and truth path.

How attractive are Paris Accord, unreliable electricity, Nature Positive Plan, big delaying expensive government tape, big high cost government, old IR policies that proved unsuccessful for productivity, but successful for strike disruption and unreliability, to attracting investment, to underpin our living standards?

Well, the Minerals Council of Australia should not be ignored, they claim, 80 percent of the resource project pipeline is now the cancelled list. I can’t help fearing this percent may be increased. Given the importance beyond just those employed in this industry, this should be very concerning to Australians.

But is it just the big companies, or the mining companies, no, smaller companies are effected too. Indeed within an hour of so of the election result being called, a friend who started her own business and is a small business owner said she’s going to close and move overseas.

I pleaded with her, please don’t go, please stay and fight for understanding of the changes Australia needs.

Australians have overwhelmingly voted in a returning the PM and Government, we must wish him well, with carefully considered policies that don’t lead us quickly to becoming an Argentina prior to the outstanding Milei. We may feel that given their overwhelming win and the huge admiration of the left media, that the chance arrogance may invade, and any effort to point out concerns for our country will be a waste of time. But isn’t that the better way ahead? Rather than just dessert our country in the years ahead. Let’s not forget, many of the returned government are parents too, do they really want to bring in idealogical policies that will see the economy suffer and their children struggle. (I’m not talking about Marxists, who indeed want to see unreliable expensive electricity, strangling government tape burdens, expensive, powerful big government, high taxes, the tried and true recipe for our businesses, homes, economy and country to be burdened and go down).

Let’s use this time to build, to enlarge the foundations of common sense, rationale and truth.”

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