Victorian miners face higher royalty rates

April 25, 2016

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he Minerals Council of Australia (MCA) on Tuesday lashed out at the Victorian state government over a three-fold increase on royalties paid by the brown coal industry.

State Treasurer Tim Pallas over the weekend revealed the new royalty rate, which would be detailed in the state budget this week, would apply from January 1 and would generate an additional A$252-million over a four-year period.

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