Consumers to feel impact of Victoria brown coal royalty rate hike – MCA

The Minerals Council of Australia (MCA) has slammed plans by the Victorian government to raise the royalty rate for brown coal extracted in the state. Treasurer Tim Pallas in April 2016 announced the royalty rate increase, which came into effect on January 1 this year. The brown coal industry now has to pay 22.8c for each gigajoule of energy, compared with the previous rate of 7.6c.