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Mining gives NSW budget shot in the arm

Mining royalties helped fill a decline in stamp duty revenue from a slowing Sydney property market.

Lou Caruana
Coal exports from Newcastle are helping to bring windfall gains to the NSW budget.

Coal exports from Newcastle are helping to bring windfall gains to the NSW budget.

Mining royalties are expected to deliver more than $7.8 billion in revenue over the next four years with the help of higher than expected thermal coal prices and strong demand across Asian markets.  ...

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