Home Lifestyle Gina Rinehart’s $1.27 million golden thank you to Aussie swimmers

Gina Rinehart’s $1.27 million golden thank you to Aussie swimmers

Australia’s swimmers come home from Glasgow with a haul that’s more than gold medals, thanks to Gina Rinehart.

Australia’s swimmers come home from Glasgow with a haul that’s more than gold medals, thanks to Gina Rinehart. For a team that has just delivered one of Australia’s greatest ever swimming performances, it’s a fitting way to say thank you.

Commonwealth Games patron, Gina Rinehart, is making sure our Aussie swimmers know how much their country appreciates their hard work and performances. Rinehart and Hancock Prospecting will pay out $1,272,500 in bonuses to the Commonwealth Games medal winners, a reward for a campaign in which the swim team claimed 75 of Australia’s 103 medals, including 36 of the 47 golds.

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Australia’s swim team on top of the world after another stellar Commonwealth Games campaign.

 

Rinehart says their success reflects years of sacrifice most of us never see. “Few people, outside of the swimming families, truly understand the years of hard work, discipline and sacrifice required to compete at this international level,” she said. “Yet again, our Aussie swimmers punched well above our population size.”

Thanks to Rinhart, every medal is rewarded and swimmers who feature in a medal-winning relay final are paid in full, while those who swim only in the heats receive half that rate. Two swimmers who tied for gold in an individual event will both be paid the full gold bonus.

Here’s the breakdown:

Medal Individual event Relay (per person)
Gold $20,000 $5,000
Silver $15,000 $3,750
Bronze $10,000 $2,500
World record $30,000 $7,500

 

“Our swimmers have come so far since the London Olympics, where just one swimming gold medal was won, to now standing as the second-best swimming nation in the world,” Rinehart said. “I’m pleased to be able once again to provide financial rewards to our medal winners in the sports where I’m patron. It’s a way of saying thank you and showing appreciation for their dedication and achievements, the pride they make Australians feel, right across our country, and for being the inspiring young ambassadors that they truly are.”

Maureen Jordan

Maureen Jordan

Maureen Jordan holds a Bachelor of Arts (Economics) and a Law Degree (Honours) and has carved a niche in the media to balance her world of work and family. Her company, the Switzer Group, owns divisions in media and publishing and financial services. During her 25 year involvement in media and publishing, Maureen has held Editor in Chief roles for esteemed publications such as Charter Magazine for the Institute of Chartered Accountants in Australia and has authored several books including Women Entrepreneurs, which she wrote for the Federal Office of Women, Small Business Start Up Guide published by Allen & Unwin and Finding And Managing Your Mortgage, Wiley Publishing. As group publisher of Switzer Media & Publishing, Maureen has initiated and managed the publication of specialty books, magazines and content for some of the country's leading organisations. Clients include Optus, the Mortgage & Finance Industry Association, IBM, Hewlett Packard, the Commonwealth Bank, Telstra, AMP, IP Australia, Yahoo 7, the University of NSW and law firm Griffith Hack. Switzer Media & Publishing holds the Australian & New Zealand licence for Harper’s Bazaar and Maureen is the Publisher of both the monthly magazine and the Harper’s Bazaar website. Such is Maureen's commitment to business that in 1996 she was inducted into the Australian Business Women's Hall of Fame in Melbourne, as well as being a finalist in the Sydney Business Review's Business Women of the Year 2003. Early in her career, Maureen taught in both the secondary school system - public and private - as well as teaching at the University of New South Wales. Maureen's knowledge of small business and the economy, combined with her legal skills as a solicitor, has enabled her to not only put a firm footing under her own long-established business, but has also given her the credibility to assist others.

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