QLD must tell BHP to take a hike

Thursday 31 October 2024

MB has been full of praise for the QLD’s ram raid on coal royalties several years ago.

It was marvellously executed super profits tax perfectly timed to reap the benefits of the Ukraine War for the owners of the assets—Queenslanders.

Now, BHP wants its royalty rort restored:

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.