Campaign against coal royalty increases could backfire, Queensland treasurer warns mining lobby
by Ben Smee from on (#673RQ)
Exclusive: Cameron Dick urges resources council to stop risking coal's social licence with ad campaign as royalty rise is here to stay
The Queensland treasurer, Cameron Dick, says the state will not back down on recent coal royalty increases, warning the mining lobby its multimillion-dollar advertising campaign opposing the changes may harm the industry.
Dick met with the Queensland Resources Council this week to ensure it was under no misapprehension" the government would stay the course on the new progressive royalty tiers, which increase when prices are unusually high and companies are making windfall profits.
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