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HomeMining Industry News Proposal a 'clear and present threat' to NSW economy

Proposal a 'clear and present threat' to NSW economy

Monday 24th of April 2017 10:17:06 AM



Economic modelling has shown a new coal project in Queensland, if approved, could have a negative impact on the NSW economy and the Hunter mining industry, with suggestions some coal mines

The fairness of a proposed Commonwealth loan of nearly $1 billion to fund a rail link to the giant Adani coal mine in Queensland's Galilee Basin has been called into question by economic modelling showing it could cost NSW hundreds of millions of dollars a year.



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Recent Related News

Proposal a 'clear and present threat' to NSW economy

Monday 24th of April 2017 10:17:06 AM

The fairness of a proposed Commonwealth loan of nearly $1 billion to fund a rail link to the giant Adani coal mine in Queensland's Galilee Basin has been called into question by economic modelling showing it could cost NSW hundreds of millions of dollars a year. Read Full Story Here


Entries open for the Smart Ideas Competition, part of the Hunter Innovation Festival

Friday 24th of March 2017 09:40:14 AM

If you have a product, service or simply a concept that can benefit the Hunter, now is the time to voice it. Read Full Story Here


Greens call for phase-out of coal within next decade

Monday 6th of March 2017 11:13:32 AM

Greens leader Richard Di Natale was in Newcastle on Friday to call for a phase-out of all coal mining in the next decade, with the Greens partying saying the federal and state governments are “letting the Hunter down” by failing to admit that the “coal era” is over. Plans to ....


Mining transition period brings up questionable data

Monday 20th of February 2017 10:16:34 AM

The NSW Government department that is responsible for managing risks cannot supply basic data as the Hunter region enters a transition period in the mining industry, according to a new report. While government agencies, including the NSW Division of Resources and Energy, produced a ....


Hunter coal industry back on an optimistic footing

Friday 14th of October 2016 10:21:52 AM

Thermal coal prices are up by 70% on lows earlier this year, while coking coal for steelmaking has effectively doubled. This brings the Hunter coal industry back on optimistic footing as about 15% of Hunter output is coking coal and the region’s main product being thermal coal for power ....


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