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)        
        
        
            Praise
            Criticism
            Information
        
                                
                Hancock Prospecting Pty Ltd
            
                            
                                                                    Praise
                        
                                                                    Criticism
                        
                                                                    Information
                        
                                                                                                
    
        
    
                                                                    
    
        
    
                                                                    
    
        
    
                                                                    
    
        
    
                                                                                    
                                    
                            
        
         Breaching advertising codes
        Breaching advertising codes
    
    
        This company has been criticised for misleading advertising. In 2025 Ad Standards upheld complaints about an internet ad by this company on the grounds that it breached advertising codes. The ads were subsequently discontinued or modified.
    
            Source: Ad Standards
                                    (2025)
                            
        
    
         Fined over financial breaches
        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.
    
            Source: Australian Mining
                                    (2015)
                            
        
    
         Political donations
        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
        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.
    
            Source: Michael West
                                    (2018)
                            
        
    
Company Details
Type:
                Private company
                                                    Revenue:
                2 billion AUD
                                            (2015)
                                    
                                        Employees:
                980
                                            (2016)
                                    
                                                    Subsidiaries:
                
        Hancock Agriculture
                            
            
                
                
            
    
        Agribusiness
                                    Part of Gina Rinehart's Hancock Prospecting Group. A major player in Australian agribusiness, with a focus on cattle. They are not involved in live export, but they do operate feedlots.
                            
        S. Kidman & Co Pty Ltd
                    (67% owned)
                            
            
                
                
            
    
        Pastoral company
                                    Beef producer acquired by a consortium led by Australian billionaire Gina Rinehart and Chinese company Shanghai CRED in 2015. Acquired clothing manufacturers Driza-Bone and Rossi Boots in 2023.
                            
        Rossi Boots Pty Ltd
                            
            
                
                
                    
    
        Boot makers
                                    Founded in Australia by Arthur Rossiter in 1910. Rossi boots are made in Australia. Acquired by Propel Group in 2020, ending 110 years of family ownership. Gina Rinehart's S. Kidman took over ownership in 2023.
                            
        Future Fields Pty Ltd
                    (50% owned)
                            
            
                
                
                    
    
        Dairy
                                    Owned and operated by the Daubney family since 1924. In 2014 Gina Rinhart's Hancock Group bought a 50% stake.
                            
        Hope Dairies Pty Ltd
                    (90% owned)
                            
            
                
                
                    
    
                Dairy
                                    This subsidiary of Gina Rinehart's Hancock Prospecting was established in 2014 when Rinehart invested in WA dairy company Bannister Downs. 
                            Contact Details
                    Address:
                
                
                    HPPL House, 28-42 Ventnor Ave, West Perth, WA, 6005, Australia
                
                                        
                    Phone:
                
                08 9429 8222
                                                    
                    Website:
                
                
                    Products / Brands
S. Kidman (67% owned)
                Driza-Bone
                                Outdoor Wear
                
                                                        
            
            
                Rossi
                                Work Boots
                
                                                        
            
            
                Bannister Downs Farm (WA)
                                Milk
                
                                                        
            
                    
                Bannister Downs Farm (WA)
                                Flavoured Milk
                
                                                        
            
             
                    