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…
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