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Archive for the ‘Australasia’ Category

The world’s richest woman, Australian mining tycoon Gina Rinehart, drew international scorn recently after saying that people who are jealous of the wealthy should drink less and work harder.

And now she’s back with some more helpful advice.

Speaking at the Sydney Mining Club, Rinehart said her country’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.

This echoes Rinehart’s earlier to-do list, in which she urged Aussie lawmakers to cut the minimum wage so that, well, she wouldn’t have to spend so much money on things like workers’ salaries and benefits.

“The evidence is inarguable that Australia is becoming too expensive and too uncompetitive to do export-oriented business,” Rinehart said at the Sydney Mining Club. “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.”

Yep, it’s getting harder and harder to be a job creator.

Rinehart knows what it means to pull yourself up by the bootstraps. She inherited a fortune now estimated to be worth about $18 billion. That’s a heavy burden to bear.

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The imperial overreach of a dying empire…

BARACK OBAMA is to announce that the US will begin rotating Marines through an Australian base in Darwin in a permanent new military presence, intensifying the alliance in a sign of heightened concern about China.

”I think this is a very significant and potentially very risky move for Australia. In the view from Beijing, everything the US is doing in the western Pacific is designed to bolster resistance to the Chinese challenge to US primacy.

”In Washington and in Beijing, this will be seen as Australia aligning itself with an American strategy to contain China.”

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