PRECIOUS METALS

Resurrected WA royalty put down

A VOTE in the Western Australian upper house last night looks to have killed of state Treasurer Ben Wyatt’s revised gold royalty increase the final time, with households now being warned they may have to bear the brunt for plans to plug the budget blackhole.

Haydn Black
Resurrected WA royalty put down

After Wyatt’s first attempt was blocked by the opposition and crossbench, outlined a new plan to still raise the royalty from 2.5% to 3.75%, but balanced by re-instating a 2500 ounce royalty free threshold....

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