ROYALTY & TAX RATES
CHART 4.4.18 ROYALTY AND TAX RATES
10 20 30 40 50
-50 -40 -30 -20 -10 0 0
QLD Other jurisdictions
The Queensland Government’s announcement in 2022 introducing higher royalty tiers and rates for coal producers, has caused significant unrest across the entire resources sector, driving heightened negative sentiment in this area. It contributes to the policy uncertainty category discussed previously. Although sentiment has recovered somewhat from the extreme negativity seen following the announcement two years ago, it remains negative, and notably more so than in other jurisdictions. Respondents cited the royalty regime has eroded investor confidence and the deployment of exploration capital into Queensland projects. This erosion of confidence is not confined to coal; it clearly affects the whole resources industry.
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