‘Cut minimum wage and lower my taxes’: Rinehart

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‘Cut minimum wage and lower my taxes’: Rinehart

Gina Rinehart has been criticised by fellow billionaires, politicians and union leaders, after her call for a cut to the minimum wage and lower taxes for all.

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Gina Rinehart has been criticised by fellow billionaires, politicians and union leaders, after her call for a cut to the minimum wage and lower taxes for all.

In her column in a mining magazine, Rinehart said people jealous of the wealthy should ‘spend less time drinking or smoking and socialising and more time working’.

‘There is no monopoly on becoming a millionaire. If you’re jealous of those with more money, don’t just sit there and complain; do something to make money yourself,’ she wrote.

Rinehart argued that entrepreneurs and wealth-builders were being held back by over-regulation, class warfare and ‘socialist policies’.

She warned that if the $606 a week minimum wage was not cut Australia would face problems like Spain and Greece.

Lucrative inheritance
 
Rinehart has built her $20 billion mining empire since inheriting lucrative iron ore tenements from her father, Lang Hancock, in 1992.

Treasurer Wayne Swan said Rinehart’s comments insulted the very people she needed to work on her big mining projects.

‘These sorts of comments are an insult to the millions of Australian workers who go to work and slog it out to feed the kids and pay the bills,’ he said.

Fellow billionaire Clive Palmer said Rinehart was out of line and invited her to work at his Townsville nickel refinery for a taste of reality.

Fortescue Metals Group boss Andrew Forrest said she was entitled to her opinions but his experience differed.

Lacks compassion
 
‘I’ve heard other companies talking about this terrific labour shortage — Fortescue has never seen it,’ he said.

United Voice assistant secretary Carolyn Smith said Rinehart’s comments lacked compassion.
 
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