QUEENSLAND’S peak resources body has refuted claims made by the state government in a $1.5 million advertising campaign that its coal royalty hike was needed because mining companies needed to pay more to the government to reinvest in roads, schools and hospitals.
Queensland Resources Council chief executive Ian Macfarlane said resources companies had always paid substantial coal royalties to help fund government services.
Treasurer Cameron Dick iterated that the $15.3 billion from coal royalties in this year's Queensland budget - including $5.7 billion from the additional royalty tiers he said would only bring in $800 million...
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