MANAGEMENT

Record coal royalties to fund Qld infrastructure: QRC

RECORD Queensland coal royalties of a projected $3.7 billion this financial year will pay for the state’s extra infrastructure spending, according to Queensland Resources Council CEO Ian Macfarlane.

 QRC CEO Ian Macfarlane.

QRC CEO Ian Macfarlane.

The expected royalty take - a $536 million increase on the government's pre-Christmas estimate - would allow it to increase infrastructure spending by $1.4 billion to $11.5 billion, and a total of $45...

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