NHC new hope corporation limited

Ann: New Acland Stage 3 Update, page-49

  1. 1,833 Posts.
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    ancient law, will be hard to change. lots of effort and very minimal reward for government. Public servants are inherently lazy. Easier for them to increase royalty % for the entire industry with one stroke of the pen and collect billions as they have done then use it to buy private jets.

    Only 15-16% of New Acland land has royalties paid to government I think. The majority goes straight back to NHC i.e. royalty-free.




 
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