Australia’s richest woman warns Australia will end up impoverished like Sri Lanka Source:newswire.lk Gina Rinehart has warned Australia is on the same track as Sri Lanka and Argentina in falling from prosperity to poverty due to a big-spending, regulation-heavy government, The Daily Mail reported. The mining magnate, who is the country’s richest person with a net worth of $31billion, urged Australians to be ‘on guard’ against the ‘ruining effects of socialism’ in order to preserve the nation’s wealth. She sounded the warning in a chapter  she wrote for an upcoming book titled Australia Tomorrow which features essays from prominent centre-right thinkers including former Prime Minister Tony Abbott, Deputy PM Barnaby Joyce and broadcaster Alan Jones. ‘For generation after generation, we have wanted to hand down a better country for our children,’ she wrote in her essay obtained in advance to Daily Mail Australia. ‘Sadly for this generation I believe this is now at risk, ...

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