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Carbon tax to choke coal growth in NSW

THE Australian coal industry will haemorrhage $A18 billion over nine years as the proposed carbon tax strangles growth in the traditional coal heartlands of the Illawarra and Hunter Valley of New South Wales and forces development in greenfield sites in western Queensland.

Lau Caruana
Carbon tax to choke coal growth in NSW

The $1.3 billion assistance package offered by the government covers less than 10% of the carbon tax bill for the coal industry – far below the 94.5% offered to other trade-exposed sectors of the economy....

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