The ABC has finally issued an apology to mining magnate Gina Rinehart after they aired a graphic and violent skit about her on their program Race Around The World.

In a statement, they say that while they weren’t found to have breached their editorial standards, they acknowledge the episode fell short of community expectations and will amend their guidelines.

Afternoons host Michael McLaren says it’ll be up to Ms Rinehart to determine if the apology is good enough.

“It’s taken them a while to get there … dragged kicking and screaming to get there,” he said.

Listen to more highlights from Afternoons below:

Image: iStock.