NT ups mining royalties

THE Northern Territory government has thrown fuel on the debate over mining taxes in Australia, upping its mineral royalty from 18% to 20% in its budget, delivered last night.

NT ups mining royalties NT ups mining royalties NT ups mining royalties NT ups mining royalties NT ups mining royalties

The minority Labor government has upped the mining royalty rate for the first time since 1982 and will take an additional $A9.6 million in royalties from the territory’s operating mines.

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