fbpx
Dec 02, 2020

Coal crash a $1.8b-plus blow for State Budget

Coal crash a $1.8b-plus blow for State Budget

The declining fortunes of the coal industry are expected to deliver a $1.87 billion royalties blow to Queensland’s coffers in 2020-21. Budget papers show coal royalties totalled $3.5 billion in 2019-20, 19.6 per cent lower than in 2018-19, and they are expected to drop a further 53.3 per cent in 2020-21 to just over $1.64…

Menu