Tag Archives: carmichaelmine

Qld exports were $21bn lower in 2020 due largely to lower coal and LNG prices

Posted on January 25, 2021 by Gene Tunny

At the launch of the Queensland Premier’s Export Awards in May 2019 at the Tower of Power, 1 William St, I spoke about how Queensland’s exports had soared to record levels over the previous few years, largely as a result … Continue reading →

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Coal price crash is bad news for the state budget and future capital investment

Posted on November 23, 2020 by Gene Tunny

Last Friday, John McCarthy at In Queensland reported Budget impacts loom as coal prices plunge to four year lows. Yes, recent falls in the coking coal price to around $US100/t for coking coal must be causing anxiety in Queensland Treasury, … Continue reading →

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Selling QIC highly desirable and would avoid allegations of political interference regarding mega mine infrastructure

Posted on March 29, 2017 by Gene Tunny

First, my thoughts and prayers are with the people of North Queensland as they wake up to the devastation from Cyclone Debbie. In his extraordinary eulogy for Marie Antoinette, the Anglo-Irish statesman Edmund Burke lamented that the French Queen had … Continue reading →

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Great news about Abbot Point expansion given need for royalties and boost to mining & Qld economy

Posted on March 12, 2015 by Gene Tunny

I was very pleased to see the announcement about the Abbot Point expansion going ahead yesterday, given the boost it will provide to Queensland’s ailing mining industry (see chart below), royalties revenue for the Government, and the Queensland economy. North … Continue reading →

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