The Qld Lnp have been outplayed by Labor regharding Coal Royalties by legislating them. The Lnp have said that they will keep the royalties as they are now but with an election this year we all know thats just spin. Now they need to put up or shut up while passing the legislation. What a bunch of dopes.
A super tax on coal profits will be enshrined in Queensland law, making it harder for future governments to change the divisive royalty hike.Deputy Premier and Treasurer Cameron Dick said on Thursday he would table a bill that would require legislative changes for any future modifications to the state's coal royalties.Lobby groups and even a Japanese ambassador have taken aim at the tax which has pumped billions of dollars into the state's economy since its introduction almost two years ago.The Liberal National Party opposition has indicated it will not make changes as the tax is baked into the budget forward estimates.But the state government is not taking any chances ahead of the October election, saying the tax will be legislated to protect royalties for the benefit of Queenslanders."There would be no quiet Friday afternoon regulatory changes under any future Queensland government," Mr Dick told parliament on Thursday."Any reduction to the coal royalties will be subject to the scrutiny of the people of Queensland through their parliament - as it should be." https://www.canberratimes.com.au/story/8638685/coal-super-tax-to-be-legislated-harder-to-change/
