Campaign against coal royalty increases could backfire, Queensland treasurer warns mining lobby

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Campaign against coal royalty increases could backfire, Queensland treasurer warns mining lobby
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Exclusive: Cameron Dick urges resources council to stop risking coal’s social licence with ad campaign as royalty rise is here to stay

Dick said the government had honoured a previous 10-year freeze to royalties and that he had been willing to discuss a similar long-term arrangement to lock in the new rates.

“After honouring a 10-year royalty freeze we took steps to ensure the people of Queensland are getting their fair share from the coal they own when it’s mined and sold. “Investment continues across Queensland, both in the coal industry and in other minerals and natural resources, and that has continued since the royalties were announced.”

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