Rod Campbell

The coal lobby in Queensland didn’t like our Revenue Summit yesterday, which showed how much more money could be raised from coal companies.

They were so upset, they even got their facts wrong!

Claim: “The Queensland Resources Council warned the royalty regime had cost more than 1000 jobs and damaged the state’s international reputation as a reliable place to invest.”

Fact: The number of coal mines operating in Queensland INCREASED after the royalty change.

Claim: The Queensland Resource Council said “other states and countries have not followed the former government and raised royalty rates”.

Fact: NSW increased its coal royalty rates in 2024.