Key facts
- Gina Rinehart's company purchased a three-storey office building in Brisbane for One Nation.
- One Nation will lease the office space at market rates.
Mining magnate Gina Rinehart has purchased a three-story office building in Brisbane for the One Nation political party to lease. Barnaby Joyce, a One Nation MP, stated the party will pay market rates for the space, denying any conflict of interest or preferential treatment. The property is reportedly valued around $8 million.
The transaction raises questions about the financial relationship between a major political party and one of Australia's wealthiest individuals, potentially influencing policy and public perception.
Mining magnate Gina Rinehart has purchased a three-story office building in Brisbane, which the minor political party One Nation will lease as its national headquarters. Barnaby Joyce, a One Nation MP, stated that the party would pay market rates for the space, asserting there was no conflict of interest or preferential treatment.
Rinehart's property investment company, Hanrine, finalized the purchase of the building in the Brisbane suburb of Spring Hill last week. The property is reportedly valued at around $8 million, according to The Australian newspaper, and was last sold for $2.4 million in 2003. The building includes two floors and ten parking spaces, with a top-floor balcony offering city views.
Joyce told News24 that One Nation would fund the office lease from the party's own resources. A spokesperson for Rinehart's Hancock Prospecting confirmed the company holds commercial property and is not providing free or discounted space to any tenant. The relationship between One Nation leader Pauline Hanson and Rinehart has been detailed in a podcast, highlighting instances of gifts and benefits received by the party, including overnight stays at Rinehart's mansion and the use of one of Rinehart's bodyguards for personal security.
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