MANAGEMENT

Maroon coal fund calls nearing half billion mark

APPLICATIONS for a proposed “Maroon Fund” to redirect extra cash generated by Queensland coal in the federal budget have reached $491 million.

Queensland Rugby League wants some of the money to put defibrillators at every rugby league venue.

Queensland Rugby League wants some of the money to put defibrillators at every rugby league venue.

Federal Treasury forecast Queensland metallurgical coal would sell for US$120 per tonne. Instead the steel-making coal has averaged US$204/t over the financial year 2017-18.  The Maroon Fund was proposed...

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