December 2

Coal crash a $1.8b-plus blow for State Budget

The declining fortunes of the coal industry are expected to deliver a $1.87 billion royalties blow to Queensland’s coffers in 2020-21. Budget papers show coal royalties totalled $3.5 billion in 2019-20, 19.6 per cent lower than in 2018-19, and they are expected to drop a further 53.3 per cent in 2020-21 to just over $1.64 […]
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