Libs may back gold royalty rise

Original article by Andrew Burrell
The Australian – Page: 17 & 20 : 4-Oct-17

The Western Australian Government will require the Liberal Party’s support to increase the gold royalty from 2.5 per cent to 3.75 per cent. Opposition Leader Mike Nahan says the gold industry will need to present a strong case to persuade him to reject the royalty hike. He adds that the Liberal Party would be reluctant to block a money bill. Newcrest Mining CEO Sandeep Biswas is among the industry executives to have lobbied both major political parties.

CORPORATES
LIBERAL PARTY OF WESTERN AUSTRALIA, WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE, NEWCREST MINING LIMITED – ASX NCM, THE CHAMBER OF MINERALS AND ENERGY OF WESTERN AUSTRALIA INCORPORATED

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