ENVIRONMENT

Qld coal royalty benefits bigger than expected

QUEENSLAND treasurer Cameron Dick said the government revised its revenue outlook in 2023-24 primarily because of upward revisions to coal, due to higher-than-expected global metallurgical coal prices.

Queensland treasurer Cameron Dick says coal royalties have been good for the Queensland budget.

Queensland treasurer Cameron Dick says coal royalties have been good for the Queensland budget.

Queensland's 2023-24 General Government Sector revenue is now estimated to be $3.7 billion higher than forecast at the time of the 2023-24 State Budget. Coal royalties are expected to provide $9.2 billion...

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