"In the meantime, big miners are turning their back on Queensland because of the royalty."Yes, it is true - they might mine less coal. The funny thing is tho' if you fail to sell something then the nett result is you still have the asset.
I have this funny feeling that the world, and Aust. in particular, are still going to be burning lots of coal given the Govt. is reluctant to build Nuclear Power Stations. Aussie labour is so effing expensive and slow working that they would probably take 20 years to build.
Inflammatory comments? Look up the "Container Port Performance Index" for 2022. Melbourne was the best Aust. port in 273rd place followed by Adelaide in 279th spot. The top 30 spots are nearly all from the Middle East, China and Japan. Bit telling I reckon.
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