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Queensland’s economy teeters on edge of ratings downgrade despite coal royalty windfall

Earnings from mining the fossil fuel set to increase to $6.9bn over financial year, up from $4.8bn, with budget deficit to reach $6.2bn Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Queensland’s treasurer says he’s “not giving up” on halting a ratings downgrade of the state’s finances after handing down a budget full of red ink, amid predictions state borrowing will top $200bn in three years. David Janetzki promised a budget …

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The GuardianLean L·2h ago
Queensland’s economy teeters on edge of ratings downgrade despite coal royalty windfall
Earnings from mining the fossil fuel set to increase to $6.9bn over financial year, up from $4.8bn, with budget deficit to reach $6.2bn Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast Queensland’s treasurer says he’s “not giving up” on halting a ratings downgrade of the state’s finances after handing down a budget full of red ink, amid predictions state borrowing will top $200bn in three years. David Janetzki promised a budget …
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Queensland’s economy teeters on edge of ratings downgrade despite coal royalty windfall

How 1 sources are covering this

Queensland’s economy teeters on edge of ratings downgrade despite coal royalty windfall

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