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The Guardian - AU
The Guardian - AU
National
Mike Hohnen

Afternoon Update: Rinehart rivals to receive royalty windfall; Victoria’s political donation laws ruled unconstitutional; and Nicole Kidman’s next role

Gina Rinehart
Mining billionaire Gina Rinehart. Photograph: Hollie Adams/Reuters

Welcome, readers, to Afternoon Update.

Gina Rinehart’s Hancock Prospecting has lost its bid to retain royalties from the mammoth Hope Downs iron ore project and will be forced to pay Wright Prospecting half of its royalties from the project, worth hundreds of millions of dollars.

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