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Gina Rinehart at Hancock Prospecting's Roy Hill project.

Rinehart companies fined as policy questioned

Three of Gina Rinehart's companies have collectively been fined $130,000 for lodging their financial reports too late, as the requirement for large proprietary companies to release annual financial statements has come under question.

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Comments

Melbourne
What a waste of time taking this to court. Private companies are not required to disclose to creditors. Handcock Prospecting company has paid billions in taxation and filed documents before being charged. Gina Rinehart has contributed so much for our country and she is still investing in Australia. Gina Rinehart should be congratulated. Well done

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Revenue

1st-Hancock Prospecting$6.04bn
2nd-Roy Hill Holdings$3.84bn
3rd-BGC Australia$2.50bn
4th↑Competitive Foods Australia$1.29bn
5th↑Wilson Parking$1.14bn
112 private companies - large ranked by revenue most recent financial year

Year established in WA

18th-Piacentini & Son1944
19th-D'Orsogna1949
21st-Hancock Prospecting1955
22nd-Floveyor1958
42 WA business dynasties ranked by year established in WA

Number of Employees

Private Companies - Large

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