The Sunshine State’s commodity boom is expected to lose momentum and values are tipped to decrease. Queensland coal spot prices will decline by the end the 2024 financial year (FY24) and return...
Tag - taxes and royalties
Limiting fossil fuels caused a sharp decline in market value, official data found. The Anthony Albanese government’s $125 a tonne price cap significantly impacted on coal prices. The...
A mining multinational will prioritise overseas fossil fuel projects over new Australian developments. Glencore recently shifted its focus away from new domestic coal developments towards more...
A resources multinational will exit two coal operations in Queensland’s Central Highlands and Isaac regions. BHP recently confirmed it would sell its Blackwater Coal Mine (226km west of...
Two major mineral producers began pulling out investments in fossil fuel operations. Glencore Australia recently abandoned its environmental application for the new $1.5 billion Valeria Coal Project...
Extreme levies will flow back to employees impacted by the transition to green alternatives. The Queensland Government recently predicted coal royalties would jumped 25.8 per cent to $10.7 billion...
A growing chorus of mining companies have voiced deep concerns about extreme fossil fuel levies. Anglo American, Bravus Mining and Resources, Coronado Global Resources, Whitehaven Coal, Bowen Coking...
A top bureaucrat likened the resources sector to professional athletes who use illicit or performance-enhancing substances. The Australian Tax Office (ATO) was recently frustrated about always...
Australia’s mining sector will keep enjoying a jump in activity despite extreme government revenue raising, an advocate said. Minerals producers will continue to benefit from the thermal coal...
Extreme government revenue raising could risk destroying a recent jump in resources activity, an industry defender said. The Queensland Resources Council is deeply concerned the State Government...
