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Qld coal royalty warning

Queensland's royalty taxes are already the highest in Australia.

Lou Caruana
Queensland Resources Council CEO said the amount of coal royalty paid by the industry this financial year was expected to reach more than $6 billion.

Queensland Resources Council CEO said the amount of coal royalty paid by the industry this financial year was expected to reach more than $6 billion.

Queensland treasurer Cameron Dick said coal mining companies had benefited from a 10-year royalty freeze but that was set to change. "We're working through that detail at the moment," Dick said. ...

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