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Western Australia announces new gold royalty, industry disappointed

By:  
Creamer Media Senior Deputy Editor: Australasia
 
GOLD
A tiered royalty rate will be introduced to the Western Australian gold sector from January 1 next year, Treasurer Ben Wyatt announced on Thursday. To assist the government in repairing the state’s finances, a tiered royalty rate will be introduced, determined by the Australian dollar price of gold.
 
 
 
 
 

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