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bubble has burst all over the place, look no further than the actions of the Queensland government. These bozos announced their budget on Tuesday, ratcheting up the royalties on coal production.For coal prices above US$100 per tonne, the royalty increases from 10% to 12.5%. If prices rise above US$150 per tonne, the royalty take jumps to 15%. The government thinks this new take hike will generate around...
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