MANAGEMENT

Whitehaven joins Qld royalty hike critics

WHITEHAVEN Coal – which made a foray into Queensland with its Winchester South project – has joined the long list of coal companies expressing grave concerns about the impact of increased Queensland government royalties on their business.

Whitehaven CEO Paul Flynn is critical of Queensland's decision to raise coal royalty rates.

Whitehaven CEO Paul Flynn is critical of Queensland's decision to raise coal royalty rates.

Whitehaven CEO Paul Flynn said of the royalty increase: "The unpredictable nature of things such as [what has] occurred in Queensland, doesn't really foster the confidence necessary to commit billions...

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