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AAP
AAP
Politics
Marty Silk

Coal gets Queensland budget back in black

Cameron Dick Coal Queensland Mining

Queensland is back in the black after taking a bigger cut on coal exports but wants compensation before it agrees to cap domestic prices.

Prime Minister Anthony Albanese is reportedly considering demanding Queensland and NSW impose their own price caps on coal to ease pressure on household and business power bills.

That comes as Queensland Treasurer Cameron Dick revealed on Wednesday that windfall royalty charges on coal producers will help keep the state's budget in the black for three of the next four years.

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