Cameron Dick used the day of BHP’s full-year results to continue his stoush with the mining lobby over Queensland’s progressive coal royalties.
Queensland’s treasurer has warned BHP its mining leases might be in jeopardy if the company does not continue investing in the state.
The treasurer has clashed repeatedly with miners who warned the royalties would deter further investment in Queensland. Dick then warned that although the government wanted resource companies to be successful, “we want those companies to properly develop the leases that they have been granted by the people of Queensland”.If obligations were not followed, the resources minister could impose financial penalties or even cancel a lease, the treasurer said.
“Any business or frankly, any of us in our personal finances, would look at it in exactly the same way.“
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