The Queensland Resources Council (QRC) has warned that the 2.5% increase in gas royalties would likely be passed on to consumers, as Premier Annastacia Palaszczuk fended off calls to delay the royalty hike.
“It was a Labor government that set up the liquefied natural gas (LNG) industry in this state 10 years ago and we believe that the industry can pay a little bit more,” the Premier told Parliament according to The Australian.