Karen Andrews says it’s ‘very concerning’ that Japan could look elsewhere after Queensland government hiked mining royalties

A shadow minister has expressed concern that Japan could look elsewhere to invest after the Palaszczuk Government increased coal mining royalties – a move that could have “widespread effects”.

Shadow Home Affairs Minister Karen Andrews says it’s “very, very” concerning that Japan could be rethinking its economic relationship after the Queensland government hiked coal mining royalties.

In the state budget unveiled last month, the Palaszczuk government increased the royalty rate to 40 per cent for prices above $300 a tonne.

It also increased the rate to 30 per cent for prices above $225 a…

Read the Full Article Here skynews

Join our social media accounts to watch exclusive videos and photos

Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

Arrest made after motorcycle removed from fatal crash scene

Florida man charged with child sex abuse is accused of attacking sheriff’s deputy in jail