I think it might happen. Current rules are too anti-competitive for mining in QLD and new mining in particular. If other states had followed, maybe yes but they did not. The royalty rates are insane and don't appear to be adjusted with inflation. It is time the state stopped putting its fingers in my wallet.
https://hsfnotes.com/mining/2022/06/23/queensland-state-coal-royalties-out-of-step-with-all-other-jurisdictions/
I think it might happen. Current rules are too anti-competitive...
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