Loading ...The Western Australian government’s second attempt at increasing the royalty rate for gold miners has failed to pass in Parliament.
Under the revised scheme, the royalty rate would have increased from 2.5 to 3.75 per cent when the gold price was above $A1400/ounce instead of the previously planned $1200/ounce, which was rejected back in October.
The motion to deny the Mining Amendment Regulations (No 3) 2017 and the royalty increase attached to it, was brought by One Nation MP Robin Scott, who represents the Mining and Pastoral Region. His disallowance proposal was supported by members of the Liberal Party, The Nationals, Shooters and Fishers, and the Liberal Democrats.
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