MANAGEMENT

Coal royalty tax hike hits regional Queensland

REGIONAL Queenslanders are bearing the full brunt of the loss of investment and jobs in the resources sector while still waiting on the promised spending boost to services and infrastructure from the extra billions the coal royalty tax is delivering to the state government.

 QRC CEO Ian Macfarlane said Queensland increased its coal royalty tax rate to five times that of NSW.

QRC CEO Ian Macfarlane said Queensland increased its coal royalty tax rate to five times that of NSW.

Queensland Resources Council chief executive Ian Macfarlane said increasing Queensland's coal royalty tax rate to five times that of New South Wales was already causing great uncertainty in many regional...

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