Briefing paper
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Northern direction: if NSW had the Queensland coal royalty system
Publisher
Government revenue
State and Territory budgets
Economic modelling
Coal
Election promises
Royalties
New South Wales
Queensland
Resources
| Attachment | Size |
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 Northern direction: if NSW had the Queensland coal royalty system
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360.18 KB |
Description
The Perrottet Government in New South Wales (NSW) is heading to an election with a promise not to change coal royalties, a position that is shared by the Opposition, to the delight of the mining industry.
By contrast, in 2022, the Queensland Government improved its coal royalty scheme to ensure additional government revenue is generated in times of high coal prices. The changes were announced in June 2022 and commenced operation on 1 July 2022.
This briefing note estimates the changes to royalty revenue that New South Wales would have generated had the state adopted reforms similar to Queensland.
Publication Details
Copyright:
The Australia Institute 2023. Reproduced with permission
License type:
All Rights Reserved
Access Rights Type:
open
Post date:
27 Mar 2023
