Sooner or later the Snivel Serpents and politicians in Brisbane are going to have to recognise that new high Qld royalties on coal are way out of line with the competition. This will have a big impact on the industry and already is having it. BHP for example now has a ban on further investment in Qld of any type. This cannot be an intelligent policy. What, though would you expect from a government which like the left everywhere, displays administrative incompetence, financial profiligacy, and ideological over-reach.
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