Full Story Gina: Like father, like daughter – episode 2
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Dec 22, 2025 In this discussion, Michael Yabsley, a former political adviser, shares his fascinating insights on Gina Rinehart's political maneuvers, stemming from her father Lang Hancock's legacy. He paints Gina as a complex figure, both driven and controversial. Ken Henry, a former Treasury Secretary, elaborates on the Resource Super Profits Tax and its disastrous political fallout. The conversations delve into how Gina's early experiences and her father's strategies shaped her approach to influencing politics, culminating in the modern mining lobby's challenges.
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Royalty Deal That Yielded Massive Wealth
- Hancock struck a deal with Rio Tinto in 1962 securing a 2.5% royalty without a sunset clause on Mount Tom Price.
- The royalty paid massively as Rio exported vast quantities of iron, making Hancock extremely wealthy.
Newspaper Used To Shape Politics
- Frustrated by media coverage and political obstacles, Hancock launched the Sunday Independent in 1969 to push his agenda.
- He used the paper in 1971 to campaign against Charles Court and support Labor, helping change the government.
Gina's Early Political Activism
- Lang bankrolled a WA secession movement and Gina worked almost full time in the campaign office.
- Gina publicly promoted secession, though the movement ultimately failed.
