Queensland rules out royalties holiday for major new mines (australia) — SMH
SMH ·australia ·10 hours ago

Queensland rules out royalties holiday for major new mines

Queensland has ruled out a coal royalties holiday for new mines, rejecting industry calls for tax relief. Treasurer David Janetzki stated, 'We’ve said no changes to coal royalties,' maintaining the current tax regime. The state's coal revenue reached $31 billion from 2022-23, but fluctuating prices continue to influence forecasts.

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Published 22 Jun 2026, 05:34 UTC · Updated 22 Jun 2026, 05:40 UTC

Summary by OZbrief Editorial. Original report: SMH. Editorial policy · Corrections