This is an extract of the video of Gina Rinehart posted on the Sydney Mining Club’s YouTube account.
Rinehart argues that Australia has become uncompetitive and too expensive for exporters because of the carbon tax and the minerals resource rent tax.
She says: “Now the evidence is unarguable – that Australia is indeed becoming too expensive and too uncompetitive to do export-orientated business.
“Our federal and state governments must know that now, more than ever, we must lift our international competitiveness just to stay as well off as we are.
“And with state and federal debts we must get realistic – not just promote class warfare…
“What was too readily argued as the self-interest complaints of a greedy few is now becoming the accepted truth, and more ominously, is showing up in incontrovertible data.”
- Listen to Rinehart (71s)
- Watch Rinehart (71s)