Why does Gina Rinehart sponsor water sports?

EXCLUSIVE: Billionaire Gina Rinehart has revealed why she donates so much money to the federations and athletes of water-based sports in Australia. Rinehart’s company, Hancock Prospecting, is one of the major sponsors of sports such as Swimming and Rowing and has funded many of the Olympic gold medals Australia has won in recent years.

“Australia will soon be underwater,” Rinehart revealed in an exclusive interview.

“And I am largely responsible for that.”

Most of Australia’s major cities and towns hug the coastline and could soon be threatened by sea levels rising as a result of the climate crisis. Hancock Prospecting is devoted primarily to livestock farming and mining, which are driving climate change and forcing ice caps to melt. Furthermore, Rinehart wields enormous political power in Australia and has helped prevent the nation from making the transition to renewable energy.

“It is so important for all Australians to be competent swimmers, and to know how to manage a water-based vessel as sea levels rise,” Rinehart continued.

“As sea levels rise, most Australians will have to travel by water and deal with more extreme storms and floods, unless people like me stop using traditional farming methods and stop burning fossil fuels. This is why I pour so much money into sports like swimming and rowing – aside from the PR benefits and the opportunity to distract everyday Aussies from the damage my businesses do to the planet.”

“I don’t sponsor sports such as Cycling, Athletics or Hockey because you can’t play Hockey underwater (except at Uni games) and you can’t run, jump throw or cycle underwater.”

Hancock Prospecting is the major sponsor of Swimming Australia and a major partner of Rowing Australia, and is called the “matriarch” of the Australian Dolphins Swim Team. She has sponsored Australian swimming since 1992, and her ‘generous direct financial support’ is described as ‘especially critical to Swimming Australia’ for it allows athletes to ‘focus on their on their training and performance and not be distracted by financial pressures that most athletes face’.

In recognition of the amount of money Rinehart has given to sports such as rowing and swimming, she was awarded an Order of Merit by the Australian Olympic Committee (interalia), and is described as an ‘inspiration’ to Australian swimmers.

Asked if she would donate some of her considerable wealth to other countries even more directly threatened by rising sea levels, such as Australia’s neighbours in the South Pacific, Rinehart replied:

“No, I’m a patriot.”

Image: Patrick Hamilton

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