22
Jun
11:56
Australia's Queensland government is introducing three additional royalty rate tiers to the coal royalty structure, for coal sold, disposed of or used on or after 1 July 2022, Kallanish notes.
According to the government budget paper, the new rates will be 20% of average price per tonne in excess of A$175 ($121); 30% the portion more than A$225/t ($155/t); and 40% for more than A$300/t ($207/t).
"The additional tiers of coal royalty rat…
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Siew Mung Tan
Malaysia
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