Gina Rinehart Apology.
Apology to Ms Gina Rinehart for a story published April 23 about Hope Downs Marketing Company Pty Ltd. The figures in the story were sourced from the Australian Tax Office and are correct; however, Hope Downs Marketing Company Pty Ltd. serves as a “pass-through” entity and the majority of tax on iron ore income is payable by the joint venture partners, Rio Tinto and Ms Rinehart’s Hancock Prospecting and their associated entities, not Hope Downs Marketing Company Pty Ltd.
Michael West established Michael West Media in 2016 to focus on journalism of high public interest, particularly the rising power of corporations over democracy. West was formerly a journalist and editor with Fairfax newspapers, a columnist for News Corp and even, once, a stockbroker.