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Rinehart said she wrote the book because she felt Australia was facing hard times and someone needed to speak up, while Modi’s successes in his first year of office had inspired her.
“We need to follow Prime Minister Modis’ path and eliminate regulations, such as he's done for those companies employing 100 people or less, and we need to understand that we need to cut urgently other government regulations, licences and compliance burdens,” she said.
“Right now thanks mainly to our many years of successful commodity exports, we're not yet an impoverished nation, we are one struggling with too much government caused debt, but do we really want to become a nation from red carpet to red tape? A nation of compliance, not performance? And see our standards of living deteriorate?”
From Red Cape to Red Carpet and then some follows on from Rinehart’s first book, “Northern Australia and then some and touches on her childhood growing up in the Pilbara through to the challenges of building the $A10 billion Roy Hill iron ore project.
“How does Australia achieve the next mega-project after Roy Hill?” she asked.
“Who is willing to invest money, go through the risks we did, and contend with more than 4000 permits, approvals and licences, even before construction? How does this expensive onerous government burden attract companies to invest in projects in Australia? Particularly high risk ones, such as greenfield projects like Roy Hill?
“In this book From Red Tape to Red Carpet and then some, we look at why mining exploration in Australia is falling, why fewer small businesses are opening than at any time in the last decade, why so many companies are focusing their efforts off-shore away from high cost Australia, and more.”
The book features contributions from high profile business leaders including former Rio Tinto CEO Tom Albanese and his predecessor Sam Walsh; BHP Billiton CEO Andrew Mackenzie; Woodside Petroleum CEO Peter Coleman; Hancock Prospecting executives Ian Plimer and Tad Watroba; Vimy Resources CEO Mike Young; ANZ CEO Mike Smith; as well as Nationals MP Barnaby Joyce.
