Qld budget rakes in $15.3B from coal royalties

THE QUEENSLAND government budget collects a record $15.3 billion from coal royalties – including $5.7 billion from the additional royalty tiers treasurer Cameron Dick said would only bring in $800 million this financial year.

Queensland treasurer Cameron Dick.

14 June 2023
comments

80Ghz Radar level transmitter technology

SPONSORED
vega australia
Why rugged solutions are crucial to mining digitalisation and safety

SPONSORED
getac
Elevating performance for mining industry leaders through emotional intelligence

SPONSORED
luminary mindset
Mid-tier miners - unleashing the power of data to unlock fleet value

SPONSORED
ivolve

Despite the outsize contribution to the state government's coffers, the communities supporting that coal industry get back just $120 million back through funding to resources communities.

One-stop publication for operational excellence and intelligence within the METS sector

Combine the power of industry news and research with an Australia's Mining Monthly Premium subscription. Includes Mining Magazine Intelligence.

Standard Package

SUBSCRIBE NOW

Comprehensive coverage of all core aspects of surface mining and underground mining
Detailed reports on mineral processing advances
Asset management insight for mine management, operations and maintenance leaders
Special reports on new technology, innovation and sustainable development
Exclusive interviews with key players on current industry affairs
Vital insight into the catalysts and trends changing mining's future
Twice daily newsletters, Monday to Friday, on mining, operations and technology news

Try MiningMonthly.com for 30 days for ONLY $1

START YOUR TRIAL

Best value

Premium Subscription

SUBSCRIBE NOW

All the benefits of an online subscription plus:
The latest print edition delivered to your door every fortnight
4 annual reports (valued at AUD$1,755 each) produced by Mining Magazine's Intelligence division: