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🇦🇺🛢️🛡️🏛️ Gina Rinehart Urges Australia to Embrace 'Trump-Style' Leadership on Energy, Defence 🔹 Summary: Mining tycoon Gina Rinehart called for Australia to adopt Trump-style policies focused on cutting government costs, boosting fossil fuels, and ramping up defence spending ahead of this weekend's national election. Her comments amplify support for opposition leader Peter Dutton's conservative platform as polls show Labor maintaining its lead amid voter concerns over Trump's global trade impacts. 🔹 Key Points: • Rinehart, Australia's richest person, criticised bureaucratic "largesse" and backed slashing 41,000 government jobs. • She advocates withdrawing from the Paris Agreement and prioritising fossil fuel expansion, aligning with Dutton's pro-gas and nuclear push. • Rinehart called for 5% of GDP to be allocated to national defence, far exceeding current government commitments. • Her Hancock Prospecting tripled political donations in 2024 and revealed a $1.3B U.S. investment portfolio focused on energy and rare earths. • Despite support for Dutton, Labor has gained in polls, echoing anti-Trump backlash seen in Canada's recent election. @CMEActiveTrader Tickers Of Interest: $NG $CL $HG $ZR $UX Tickers Of Interest: $AUD $USD $RIO $BHP $FMG $MP
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⚠️ Australia's richest person says she wants Trump-like reforms as election nears - Reuters on Full Story →
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