Mining magnate Gina Rinehart says Australians 'need to compete with Africans willing to work for $2-per-day'

Citing African miners who work for the equivalent of $2 per day, Rinehart said that red tape, taxes and high wages were the reason that the economy was "sluggish"

"Gina Rinehart has always been opposed to the minerals resource rent tax. She's always been opposed to carbon pricing,” Australian Prime Minister Julia Gillard told ABC News.

“Where's the news in that? I don't share her view.” she continued.

Gina Rinehart is the daughter of Australian iron ore mining magnate Lang Hancock, who discovered the world's largest iron ore deposit in 1952. She is estimated to earn £393 a second.

See a video below posted as Rinehart talks about the Enterprise Migration Agreement (as posted on the website of the Sydney Mining Club)

Main image: Getty