Interest group representatives lined up outside parliament to praise the new Queensland budget this afternoon – but one was not impressed.
Resources royalties, which were hiked by Labor in 2022, will remain at their increased level under the LNP, the 2025-26 plans revealed by Treasurer David Janetzki show.
Janette Hewson, CEO of the Queensland Resources Council.Credit: William Davis
“We’re very concerned about it,” Janette Hewson, chief executive of the Queensland Resources Council, which represents the interests of mining companies in the state, told reporters.
“Today was an opportunity for the government to change a bad policy. What we’ve seen is that they’ve added another year to the forward estimates, baking in that bad policy.
“We want to see royalties continue to drive Queensland, and the only way we can do that is to make sure that investment is welcome in this state.
“It’s an unfair royalty that doesn’t deliver for Queenslanders.”