Australian Coal Mining Companies Accuse State Government of a Lack of Transparency on Royalty Rates

A coal train is seen moving parallel to the A4 Highway in the Clermont and Blackwater region in Queensland, Australia, on April 29, 2019. Lisa Maree Williams/Getty Images

Currently, coal mining companies are calling on the Queensland government to be transparent about how much the state government will tax them in 2022-2023, even though the new financial year is approaching.

Queensland Treasurer Cameron Dick said that the tax on each tonne of coal sold, also known as royalties, imposed on miners would rise in the 2022-2023 financial year after what he called a decade-long freeze.