Coal is main driver of a record Qld royalty record

STRONG metallurgical and thermal coal prices have boosted royalty tax returns to the Queensland government to record levels – and the pre-Christmas Budget update should reveal an unprecedented $5 billion in royalty taxes for 2018-19.

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Coal is main driver of a record Qld royalty record Coal is main driver of a record Qld royalty record Coal is main driver of a record Qld royalty record Coal is main driver of a record Qld royalty record Coal is main driver of a record Qld royalty record

QRC CEO Ian Macfarlane.

Queensland Resources Council CEO Ian Macfarlane said the state government had only projected $4.5 billion in royalty taxes for 2018-19 when the Queensland budget was handed down in June.