A study which shows the State Government has poured almost $7 billion worth of subsidies into the coal and coal seam gas industries in the past five years smashes the claim that Queensland is benefitting from the mining boom.
State Leader of Katter’s Australian Party, Aidan McLindon, said that the Bligh Government was propping up the flawed coal seam gas industry and that rather than generating revenue for the state it was a drain on the taxpayer.
“This report shows that the almost wholly foreign-owned coal seam gas industry is sending its profits offshore and having its expenses paid for by Queenslanders.”
Coal Seam Gas News
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