The Glencore spokesman said state and federal governments are already benefiting from higher royalties and corporate tax revenues from Australia’s coal sector.
Major Queensland coal export markets, including Japan, have expressed concern about the state’s new third tier of royalties, which slaps companies with a 40 percent tax on coal above $300 a ton.
Mr Dick has defended the royalty regime – which has brought in nearly an additional $3 billion this fiscal year alone – and said the Queenslanders…
