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Basto weighs in on Qld royalty hike

Says the rate rise undoes the good work Australia has done and threatens future investment.

Noel Dyson
Edgar Basto believes the Queensland government's rate hike is hurting investment.

Edgar Basto believes the Queensland government's rate hike is hurting investment.

In its June 21 budget the Queensland government introduced another three tiers of royalties. The first additional tier is 20% for coal prices above $175 per tonne. The other two are 30% for prices above...

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