On 13 December, QRC Chief Executive Ian Macfarlane welcomed Treasurer Jackie Trad’s budget update, showing record returns from coal royalty taxes.
Since the State Budget in May, strong metallurgical and thermal coal prices have boosted royalty tax returns to the Government to record levels, says QRC.
QRC has welcomed the Queensland Competition Authority’s final Aurizon Network’s UT5 decision for the Central Queensland Coal Network.
Organisations with a combined membership of 76 million are calling on insurance companies to publicly rule out support to build the Carmichael coal mine in Australia.
Queensland Resources Council Chief Executive Ian Macfarlane said the release of the annual QEC Scorecard capped off a strong year for resources.
The Queensland and Australian economies will benefit from thousands of new regional jobs and long-term investment in the mine and rail infrastructure.
This is an important milestone that will help create new opportunities for trade and investment between Australia and India.
Queensland’s resources sector continues to drive jobs growth and investment in communities with a AUS$62.9 billion contribution to the state’s economy in 2017 - 2018, Ian Macfarlane, Chief Executive of the Queensland Resources Council, (QRC), said yesterday.
The QRC has welcomed the Land Court’s decision on New Hope’s New Acland Stage 3 mine expansion near Toowoomba.