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.

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Record coal royalties to fund Qld infrastructure: QRC Record coal royalties to fund Qld infrastructure: QRC Record coal royalties to fund Qld infrastructure: QRC Record coal royalties to fund Qld infrastructure: QRC Record coal royalties to fund Qld infrastructure: QRC

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.