The Queensland Resources Council has identified the deep flaws in the Mineral Resources Amendment Bill, which is currently being assessed by a Parliamentary Committee.
The resources sector is delivering – one in eight jobs in Queensland are supported by coal, minerals, petroleum and gas industries in the state.
New data from Queensland’s ports has revealed total coal exports of 223 million t, surpassing the last record by 2 million t set in 2016.
The bill would cost jobs and would fail to have any impact on global demand for thermal coal, says QRC
Regional Queenslanders are fed up with activists who break the law to protest against new mines and infrastructure.
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.
Queensland Resources Council Chief Executive Ian Macfarlane said the release of the annual QEC Scorecard capped off a strong year for resources.