A shadow minister has expressed concern that Japan could look elsewhere to invest after the Palaszczuk Government increased coal mining royalties - a move that could have 'widespread effects'.
In the state budget unveiled last month, the Palaszczuk government increased the royalty rate to 40 per cent for prices above $300 a tonne.
Stream more on politics with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2022 “What concerns me is the damage that it could deal to this trust and goodwill that Japanese business has built up with Queensland over the years,” he told the audience on Wednesday.“The companies are involved not only with minerals but hydrogen infrastructure and a variety of cutting-edge technology.
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