Article 4R8JR Adani coalmine: Queensland warned not to sign royalty deal until rail line agreed

Adani coalmine: Queensland warned not to sign royalty deal until rail line agreed

by
Ben Smee
from on (#4R8JR)

Exclusive: taxpayers risk subsidising 'a foreign-owned unregulated monopoly asset', the Australia Institute says

Queensland taxpayers risk subsidising "a foreign-owned unregulated monopoly asset" if the state government signs a royalties agreement with Adani before securing access to the company's rail line, the Australia Institute says.

The state government has set a self-imposed deadline of 30 September to finalise the terms of a royalty deferment with Adani. Both parties say negotiations over royalties are ongoing and confidential.

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