Treasurer Cameron Dick says the state’s ties with Japan are based on ‘more than coal’
Queensland’s resources minister Scott Stewart has downplayed concerns raised by Japan’s ambassador about the increased coal royalties and its impact on investments in the state.
Stewart downplayed the diplomat’s comments on Thursday and said the introduction of the new royalties system was in the interests of Queenslanders. “It’s only fair that we look to get $1.2bn over four years back to our people so we can invest in hospitals across Queensland, particularly in regional Queensland, where this money will go.”Yamagami said some Japanese companies were questioning whether Queensland was still the safe and predictable place to invest, as it had been for decades.
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