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Bannister Downs Farm

OVERALL

Owned
AUS
Rating
Praises, some criticism

Dairy

Owned and operated by the Daubney family since 1924. In 2014 Gina Rinhart's new company Hope Dairies bought an undisclosed stake (we have listed ownership at 50%, but we don't know the actual percentage).

Company Ownership

Future Fields Pty Ltd   AUS     website   email      
  Hope Dairies Pty Ltd   
   owns 50% of Future Fields Pty Ltd  
AUS              

Dairy

This subsidiary of Gina Rinehart's Hancock Prospecting was established in 2014 when Rinehart invested in WA dairy company Bannister Downs.

      Hancock Prospecting Pty Ltd   
       owns 90% of Hope Dairies Pty Ltd  
AUS     website         

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.

> About the Ratings

Company Assessment

PRAISE CRITICISM INFORMATION
Future Fields Pty Ltd
Business Ethics GM-Free brands
This company is on GM-Free Australia Alliance's 2017 GM-Free Shopping List. All companies on the list have supplied their GM-free policies, fulfilled GMFAA's assessment criteria and choose to label their products as GM-Free or non-GM.
Source: GM-Free Australia (2017)
Animals Bobby calf claims
On its website this company claims to keep its bobby calves for at least 3 months, at which time they either hold onto them or on-sell them to another farmer rearing steers if space is a little short.
Source: company website (2020)
Hope Dairies Pty Ltd
No assessment data currently available for Hope Dairies Pty Ltd
Hancock Prospecting Pty Ltd
Business Ethics 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)
Business Ethics Political donations
According to the democracyforsale.net website, this company donated $441,900 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC).
Source: Democracy For Sale (2018)
Business Ethics 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)

> About the Icons

Company Details

Type Private company
Employees 60 (2016)

Contact Details

Address Muirillup Road, Northcliffe, WA, 6262, Australia
Phone 08 9776 6266
Email sue@bannisterdowns.com.au
Website www.bannisterdowns.com.au

Products / Brands

Bannister Downs Farm
Bannister Downs Farm (WA) Milk
Bannister Downs Farm (WA) Flavoured Milk


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