Queensland opposition pledges 10-year coal royalty rate freeze

摘要

Sydney—Australia’s Queensland state opposition Liberal-National Party has committed to a 10-year coal royalty freeze should it win the election next year, the Queensland Resources Council said Thursday while calling for the Labor party to do the same "At current market prices, Queensland already has the highest rates of coal royalty taxes of any state in Australia," QRC chief executive Ian Macfarlane said. The QRC expects that for the 2018-2019 (July-June) fiscal year the government will take about A$4.5 billion ($3.1 billion) at current rates.