MARKETS

Queensland slipping in the investment stakes

THE Queensland government’s inconsistent stance on Adani’s proposed $16.5 billion Carmichael coal and infrastructure complex may have led to the state dropping out of the world’s top 10 investment destinations for mining.

Lou Caruana
Queensland Resources Council CEO Ian Macfarlane.

Queensland Resources Council CEO Ian Macfarlane.

Queensland Resources Council CEO Ian Macfarlane said a report from Canada’s Fraser Institute marked Queensland down because of policy uncertainty. “Investors don’t like surprises, which is why the sector...

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