Australia’s richest person calls for ‘desperate’ boost to military funding

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Australia’s richest person calls for ‘desperate’ boost to military funding
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Gina Rinehart fears Australia has become “inactive” in its relationship with China and called for far greater defence spending in an exclusive interview with Sky News Australia.

In a rare television interview with Sky News host Andrew Bolt, Ms Rinehart will tonight share her thoughts on worsening diplomatic tensions with China, the impact of “feeble” Russian sanctions and the need to bolster Australia’s defence industries.“We desperately need, in my view, a refocus on our federal budgets to include more for defence.

Mining mogul Gina Rinehart said Australia desperately needs to be self-sufficient in terms of defence and manufacturing. Picture: Getty “Australia is not the only country where there is iron ore and coal and they are going all over the world to open up not only more iron ore and coal mines but rare earths.Ms Rinehart also touched on US sanctions against Russia, arguing they were too weak and should have netted the country’s lucrative fuel export sector.

“And he didn’t because of the rise in the cost at the petrol pump through his green policies. The rise in cost of electricity.” “Their own coal is much dirtier than ours and I think on friendly terms with a friendly country we should be thinking of doing exports whether it’s to India or other friendly countries.”

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