gosh how do the lefties view this... not only a mega millionaire but OZs richest

MINING MILLIONAIRE.. is now the biggest shareholder in their fav rag... the SMH..


what will this do to Mr Browns Media Report??

I bet he is pink with rage.

Someone said there was a new law going to be brought in because of it. Haven't looked into it, but hopefully someone else can give the details.

Hardly suprising though, knowing how the left are.

a new law... that quick??.. doesnt have to pass through FAIRWORK then? ;D

I was just reading an article on Gina - interesting

http://www.theage.com.au/executive-style/management/the-iron-lady-20120116-1q1u6.html

Maqqa wrote on Feb 2^nd, 2012 at 8:51am:

I was just reading an article on Gina - interesting http://www.theage.com.au/executive-style/management/the-iron-lady-20120116-1q1u6.html

wish she would have a makeover though...

Lady Fairfax has style no doubt about that..

looking at Gina she would make a good truck driver.

cods wrote on Feb 2^nd, 2012 at 8:55am:

Maqqa wrote on Feb 2nd, 2012 at 8:51am: I was just reading an article on Gina - interesting http://www.theage.com.au/executive-style/management/the-iron-lady-20120116-1q1u6.html wish she would have a makeover though... Lady Fairfax has style no doubt about that.. looking at Gina she would make a good truck driver.

She IS very fat so the make over won't really hide it  ;)

Maqqa wrote on Feb 2^nd, 2012 at 9:12am:

cods wrote on Feb 2nd, 2012 at 8:55am: Maqqa wrote on Feb 2nd, 2012 at 8:51am: I was just reading an article on Gina - interesting http://www.theage.com.au/executive-style/management/the-iron-lady-20120116-1q1u6.html wish she would have a makeover though... Lady Fairfax has style no doubt about that.. looking at Gina she would make a good truck driver. She IS very fat so the make over won't really hide it  ;)

true but that hair..grrrrrr.. I notice gillards hair getting shorter it looks much better

It's not two PA's she needs it's PT's.

I have no problem with Gina Rinehart owning a share in Fairfax or protecting her mining interests.....She is a entitled to have her say and spend her money on what ever she wants to!!!

cods wrote on Feb 2^nd, 2012 at 8:41am:

gosh how do the lefties view this... not only a mega millionaire but OZs richest MINING MILLIONAIRE.. is now the biggest shareholder in their fav rag... the SMH.. what will this do to Mr Browns Media Report?? I bet he is pink with rage.

====

Not "pink" - either Green or Red

philperth2010 wrote on Feb 2^nd, 2012 at 10:01am:

I have no problem with Gina Rinehart owning a share in Fairfax or protecting her mining interests.....She is a entitled to have her say and spend her money on what ever she wants to!!!

she may well change the face of Fairfax though??? thats what I am on about..

when you read what the lefties say about New Ltd...LOL>. I wouldnt think this will go down too well.

but you surprise me.

philperth2010 wrote on Feb 2^nd, 2012 at 10:01am:

I have no problem with Gina Rinehart owning a share in Fairfax or protecting her mining interests.....She is a entitled to have her say and spend her money on what ever she wants to!!!

I miss nemesis/Equitist

She would say Rinehart is too rich and should transfer some money into her account

cods wrote on Feb 2^nd, 2012 at 9:22am:

Maqqa wrote on Feb 2nd, 2012 at 9:12am: cods wrote on Feb 2nd, 2012 at 8:55am: Maqqa wrote on Feb 2nd, 2012 at 8:51am: I was just reading an article on Gina - interesting http://www.theage.com.au/executive-style/management/the-iron-lady-20120116-1q1u6.html wish she would have a makeover though... Lady Fairfax has style no doubt about that.. looking at Gina she would make a good truck driver. She IS very fat so the make over won't really hide it  ;) true but that hair..grrrrrr.. I notice gillards hair getting shorter it looks much better

the benefit of having Tim around I guess

Maqqa wrote on Feb 3^rd, 2012 at 6:50am:

philperth2010 wrote on Feb 2nd, 2012 at 10:01am: I have no problem with Gina Rinehart owning a share in Fairfax or protecting her mining interests.....She is a entitled to have her say and spend her money on what ever she wants to!!! I miss nemesis/Equitist She would say Rinehart is too rich and should transfer some money into her account

I wish she would put some in mine..I now have a damaged stormwater pipe and only half a driveway..

and all Gina has to worry about is her kids..LOL

http://www.theage.com.au/opinion/politics/rinehart-brings-ideas-from-the-right-despite-howls-from-left-20120202-1qviy.html

The ore tycoon has been vilified, but Fairfax will benefit from her input.

LIKE many people who write about her, I don't know Gina Rinehart. But I think I would like to. A person who can stir so much passion and debate would, I think, be stimulating company.

The mining magnate, Australia's richest person, appears to be someone whose mere name spreads alarm throughout the left. Among the cadres of sometimes complacent and compliant journalists, she is deemed to be a right-wing ogre.

It seems that by taking a substantial shareholding in Fairfax Media (which owns this newspaper as well as The Sydney Morning Herald and The Australian Financial Review), this one person is going to tear down society - and the media will be a tool, putty in her hands, to do just that.

The left try to tarnish her because her views are not in accord with their own.

Rinehart's views, according to people who don't know her, are on the ''far right of the political spectrum'', as academic and former Greens candidate Clive Hamilton told readers of this page yesterday. Rinehart has been vilified because she appears not to share the left's concerns about climate change and because she is advocating turning the north of Australia into a special economic zone with tax breaks.

Nothing new in that; it has been advocated for years.

Apparently she knows the businessman Hugh Morgan, who was instrumental in setting up the H. R. Nicholls Society, which advocates workplace relations reform. And Morgan, we are told, is also close to the - shock, horror - Institute of Public Affairs, which supports liberalism and a free market.

It is clear Rinehart must be a fiend, albeit via association.

And some sections of the media are quick to snap up this ''conspiracy''. According to some reports, Rinehart has ''extreme views'' on Australia's economic direction and her raid on the Fairfax share register is about ''wielding influence and gaining political access in the corridors of Canberra'', rather than being the action of an investor.

Yet this is a dubious proposition. With a reported worth of $20 billion, Rinehart already has access and influence.

And she has been dabbling in the media for the past couple of years. In 2010 she bought a substantial stake in Channel Ten. It is alleged, without much evidence, she was responsible for The Bolt Report, the show hosted by controversial columnist Andrew Bolt - and, of course, Bolt is anathema to the left because he refuses to bow to their orthodoxy.

Yet let us just say, for the sake of argument, that Rinehart was indeed responsible for the commissioning of The Bolt Report. That program, with its ''unorthodox view'', consistently out-rates Ten's more traditional Meet the Press. People seem to like watching The Bolt Report, where alternative views are given an airing. Can't have that, can we?

And now, by increasing her stake in Fairfax, Rinehart has again rattled the cages of the self-appointed cognoscenti, those guardians of the left who believe they, and only they, have correct policy settings for Australia - and that you should be damned if you disagree.

Certainly, it would seem Rinehart does not share the left's values, and good luck to her for that. We do, after all, live in a pluralistic society in which we should foster alternative views.

Yet some on the left seem to believe her views should preclude Rinehart from sitting on the Fairfax board if she gets the required shareholding.

What is wrong with a person with an alternative view of the world to that of the self-appointed guardians of the media sitting on the board of a media company? Nothing, I say. In fact, I say this could be damn good for Australia.

Fairfax is a company that has been ailing for some time. Its share price has collapsed.

Five years ago it was selling at about $5 a share.

It had fallen to as low as 54¢ recently and is now about 80¢ after Rinehart's foray.

For shareholders in Fairfax, the value of their holdings has gone up by about 15 per cent since her move. Surely that is good news.

Instead of reading this foray as some dreadful attack, it should be embraced as a sign that one of Australia's most successful business operatives has endorsed not only an ailing business empire but also the media sector more broadly, which has also been languishing. To me, the investment, alongside her 10 per cent stake in Ten, signals there is still value in traditional media, even as the world moves to new platforms.

If Rinehart does take up a board position at Fairfax, it is to be hoped she brings the dynamism to the task that has made her what she is.

Fairfax needs an injection of new ideas.

We have already seen some: the appointment of Greg Hywood as CEO and new editors at the AFR.

But the company has long been in need of a radical shake-up and Rinehart, with her acumen and alternative view of the world, may well help provide it.

So I say, good luck to her. If she acts as some kind of lightning rod for change at Fairfax, that will surely be a good thing - except for those who feel only those in accord with their own view of the world should sit on a media company's board.

And, who knows, maybe her appointment will act as a catalyst for views other than the left's orthodoxy to be seen and read across the broadsheet mainstream of the Fairfax empire.

Greens leader thinks Gina is trying to have a voice in the written media

But Gina just bought some $5 shares at 80c - wouldn't you say that's a bargain?

Maqqa wrote on Feb 3^rd, 2012 at 7:20am:

For shareholders in Fairfax, the value of their holdings has gone up by about 15 per cent since her move. Surely that is good news. Instead of reading this foray as some dreadful attack, it should be embraced as a sign that one of Australia's most successful business operatives has endorsed not only an ailing business empire but also the media sector more broadly, which has also been languishing. To me, the investment, alongside her 10 per cent stake in Ten, signals there is still value in traditional media, even as the world moves to new platforms. If Rinehart does take up a board position at Fairfax, it is to be hoped she brings the dynamism to the task that has made her what she is. Fairfax needs an injection of new ideas. We have already seen some: the appointment of Greg Hywood as CEO and new editors at the AFR. But the company has long been in need of a radical shake-up and Rinehart, with her acumen and alternative view of the world, may well help provide it. So I say, good luck to her. If she acts as some kind of lightning rod for change at Fairfax, that will surely be a good thing - except for those who feel only those in accord with their own view of the world should sit on a media company's board. And, who knows, maybe her appointment will act as a catalyst for views other than the left's orthodoxy to be seen and read across the broadsheet mainstream of the Fairfax empire.

Are you suggesting Fairfax has been run by the Libertarian left for the past few years Maqqa?  ;D

cods wrote on Feb 2^nd, 2012 at 8:46am:

a new law... that quick??.. doesnt have to pass through FAIRWORK then? ;D

--

Clap, clap, cods!

As long as she dosen't use her share ownership to push her political view or commercial advantage as others clearly do I have no problem.

Dnarever wrote on Feb 5^th, 2012 at 8:58am:

As long as she dosen't use her share ownership to push her political view or commercial advantage as others clearly do I have no problem.

Who are the "others"

Nice little distraction watching the right people at play or Court. Reminds me of the Golden era of richie riches The Bond The Skases the Holmes A Courts ahhh will we ever have those halcyon days back.

Still we do have Julia Gillard and even the Silver Bodgie Hawke has proved that he can clean knock a a schooner straight down in his eighties! Think he's still go it.

Saw him and Blanche coming up the Blue Mountains one day in a Rolls yet, still he was stuck in the same traffic jam as all the Hyundai drivers ha! ha! ha! ;D

Maqqa wrote on Feb 3^rd, 2012 at 6:50am:

philperth2010 wrote on Feb 2nd, 2012 at 10:01am: I have no problem with Gina Rinehart owning a share in Fairfax or protecting her mining interests.....She is a entitled to have her say and spend her money on what ever she wants to!!! I miss nemesis/Equitist She would say Rinehart is too rich and should transfer some money into her account

Aw...schucks, Macca - I miss you too!

Feeling a tad traitorous since I've been hanging out on Twitter - a lot lately...

Things move so fast over there & there's so many strangers that I tend to get sucked into the fray...

Besides, you all know me so well that there's not much need for me to provide my opinions on many issues...

Anyways, I really do miss youse all!

Cheers

Nem

xox

Equitist wrote on Feb 19^th, 2012 at 8:54pm:

Maqqa wrote on Feb 3rd, 2012 at 6:50am: philperth2010 wrote on Feb 2nd, 2012 at 10:01am: I have no problem with Gina Rinehart owning a share in Fairfax or protecting her mining interests.....She is a entitled to have her say and spend her money on what ever she wants to!!! I miss nemesis/Equitist She would say Rinehart is too rich and should transfer some money into her account Aw...schucks, Macca - I miss you too! Feeling a tad traitorous since I've been hanging out on Twitter - a lot lately... Things move so fast over there & there's so many strangers that I tend to get sucked into the fray... Besides, you all know me so well that there's not much need for me to provide my opinions on many issues... Anyways, I really do miss youse all! Cheers Nem xox

hi there glad alls well with you and if you have found a better place to air your views WHY NOT..

we are a boring lot are we not?..but I know feel as if I know people and put pictures of them in my mind... a bit .like our happy pictures down the bottom..LOL..  I am the happy smiling one of course...

anyway good to hear you are well and kicking along.