Queensland’s higher coal royalties has had little impact on profits, new data shows

The state's treasury does not expect the taxes to make a significant impact on investment decisions

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The Queensland government's imposition of higher royalties for coal producers and China's ban on imports from Australia are having little impact on super profits, despite a campaign against the taxes by the industry.

The state's coal industry is a clear winner from the global energy shock as the world looks for new supplies, according to data released by the Queensland Treasury.