Hope Dairies
Dairy
This subsidiary of Gina Rinehart's Hancock Prospecting was established in 2014 when Rinehart invested in WA dairy company Bannister Downs.

Overall

Owned AUS
Rating C-
About the Ratings

Company Ownership

Hope Dairies Pty Ltd
AUS
Hancock Prospecting Pty Ltd
owns 90% of Hope Dairies Pty Ltd
AUS
Iron ore mining
Founded by Lang Hancock in 1955 and now chaired by Australia's wealthiest person Gina Rinehart. Gina Rinehart owns 76% of the company and is the daughter of Lang Hancock. Operates major mining projects in WA and Queensland.

Company Assessment

(Last updated Feb 2025)
Hope Dairies Pty Ltd
No assessment data currently available for Hope Dairies Pty Ltd.
Hancock Prospecting Pty Ltd
Information
Fined over financial breaches
This company pleaded guilty to breaches of the Corporations act, resulting in fines worth $130,000 for failing to lodge annual reports with the Australian Securities and Investments Commission on time. 13 breaches between three companies attracted fines of $10,000 for each offense.
Political donations
The democracyforsale.net website, which aggregates data from the Australian Electoral Commission (AEC), reports that this company donated $46,500 to Australia's major political parties between 2018 and 2023. To view this company's entry in the AEC's Transparency Register, follow the link and click on "Named on the following annual returns as providing funds to:" to see the political donations made by the company.
Source: AEC (2024)
Tax paying in Australia
Between 2015 and 2018 this company paid $965 million tax on a total income of $7 billion, earning the number 19 spot on Michael West's Top 40 Tax Payers 2020. West calculated which of Australia's largest companies have paid the most tax using three years of tax transparency data published by the Australian Tax Office.
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Company Details

Type:
Private company

Contact Details

Address:
WA, Australia

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