LIKE Queensland, New South Wales' budget released yesterday was bolstered by a booming coal indus...
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While coal mining is not as big a business in NSW compared to Queensland in the overall scheme of the state's economy, the Iemma Government will still receive $A440 million in royalties in 2007-08.
While the Queensland Government boosts its budget through a hike in coal royalty rates, the NSW Government will keep its 7% royalty rate, instead relying on higher pricing for coal to boost its coffers.
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