The billionaire mining magnate known as Twiggy may be emulating Bill Gates with the scale of his philanthropy, but not everyone is convinced
at a sacred site in the Pilbara in February 2021. In that case FMG’s chief executive, Elizabeth Gaines, expressed regret and issued “a sincere apology on behalf of Fortescue” for what it called an administrative error.by FMG against a decision to give the Yindjibarndi people native title over land in the Pilbara after a long battle over access and royalties.
the move to overturn the Minerals Resource Rent Tax, which forced coal and iron ore companies to pay 22.5% on profits above $75m.Spending ‘on the right things’The report Forrest produced in 2014,, ventured much further afield by introducing the idea of a “healthy welfare card” – a precursor to the cashless debit card. This card, Forrest said, would assist people to make “proper decisions” by stopping them using welfare to buy alcohol or cigarettes.
“Because he has money, power and privilege he was able to just walk in … and put this idea on the table.” “I do have a regret,” he says. “I should have recommended that anyone who voluntarily took up the cashless debit … I would have recommended a 10% increase in welfare,” he says.
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