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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…

This content is for iQ Industry Queensland, iQ Coal, iQ Civil, iQ Geo, iQ Mining North, iQ Miner’s Life, iQ Rockhampton, iQ Coal and Mining North, iQ Coal and iQ Geo, iQ Civil and iQ Coal, iQ Civil and Mining North, and iQ Civil and iQ Geo members only.
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