Queensland coal royalty increase will scare investors away: BHP
Mark LudlowQueensland bureau chief
BHP Minerals Australia president Edgar Basto has said the Palaszczuk government’s coal royalties increase is a backward step that will damage future resource investments in Queensland.
Amid continuing anger over the new three tiers of coal royalties, which came into effect on July 1, miners have promised to campaign on the issue up to the 2024 state election.
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Mark Ludlow writes on politics, energy and infrastructure based in Brisbane. Connect with Mark on Twitter. Email Mark at mludlow@afr.com
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