18 Jun 2012

The impacts with Gina in the board of Fairfax media:

On Tuesday Gina Rinehart, the world’s richest woman, is expected to confirm that she has acquired up to 19.9% of Fairfax.

Rinehart is not an investor in Fairfax to earn a return like the rest of the company’s long-suffering institutional investors. She is making her play to change the climate of opinion in Australia.

Back in 2010 she and her fellow mining barons spent $22m to get rid of Kevin Rudd’s proposed mining tax.

And so successful was the campaign that they got rid of Rudd and saved themselves an estimated $20bn in taxes.

Rinehart’s appointment of Australia’s leading climate change sceptic, Ian Plimer, as an advisor to her mining companies is simply a taste of what’s to come. As one senior Fairfax editor remarked, expect this kind of front page once Rinehart gets control. “Exclusive: Climate Change is a Hoax”.

Right now if you live in Hobart, Adelaide, Perth, Darwin or Brisbane you have no choice, just the one paper. In Melbourne and Sydney, there was choice.

Join the debate on The Conversation

AND THANK THE INTERNET AND SOCIAL MEDIA THAT WE ARE FREE TO FORM OUR OWN OPINION BY SEARCHING INTERNATIONAL NEWS ONLINE FROM RELIABLE SOURCES!

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