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Australia's richest woman Gina Rinehart will contribute $200million towards emergency accommodation for homeless veterans in one of the nation's biggest-ever philanthropic donations. The mining magnate said that the money would go towards buying suitable buildings to house veterans, including hotels, motels and apartment blocks. She was compelled to act after learning that 5,800 veterans experience homelessness annually - nearly three times the rate of the general population, according to the Australian Institute of Health and Welfare. 'I am pleased to confirm that Hancock Prospecting is committing $200million to help struggling veterans after their service to our nation,' she said. 'The housing crisis, a crisis made critical by government approvals and permits delaying new housing and the ability to extend houses, high government taxes adding to costs, and record high immigration causing hosting shortages, has affected many Australians. 'But maybe not enough are aware that more than 6,000 of our veterans are now sleeping in the streets. 'This is unacceptable. I hope that others will also actively and generously help to lessen this tragedy.' mol.im/a/15757491








