State royalties to cost more than mining tax - report

By Lenore Taylor
Updated September 20 2012 - 3:28pm, first published September 18 2012 - 3:00am
"Royalty increases are going to be a far bigger impost" ... Minerals Council of Australia chief executive, Mitch Hooke
"Royalty increases are going to be a far bigger impost" ... Minerals Council of Australia chief executive, Mitch Hooke

INCREASES in royalties charged by conservative state governments will cost many mining companies more in the short term than the minerals resource rent tax, the industry's peak body says.

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