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Peter Fegan has revealed on 4BC Breakfast how much profit the big energy companies are making on your power bill.
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The Queensland Government's lucrative coal royalties scheme is taking so much money from mining companies that some are considering closing because they cannot be profitable.
Burton Mine Complex near Bowen is one that could shut down with 500 jobs on the line.
Coal Australia CEO Stuart Bocking told Peter Fegan on 4BC Breakfast, "In 2022-23, the then government, Labor government had collected $15 billion in the first year from coal mining royalties."
"To put that in some context, that paid for Queensland's entire police budget for that year, more than five times over."
"Now, based on those numbers, the Bruce Highway should be paved in gold."
"We need a sustainable royalty regime, not one that is sending GST south from Queensland, not one that is crushing regional in Queensland and just cutting investment off at the knees," Mr Bocking said.
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Listen to 4BC Breakfast with Peter Fegan weekdays from 5.30am-9am.
See omnystudio.com/listener for privacy information.
Australia's Foreign Minister Penny Wong is heading to America this week for the gathering of the Quad Alliance which includes Japan and India.
Penny Wong will be travelling alone as she meets with her US counterpart Marco Rubio.
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Brisbane will take a transformative transport leap today with the launch of the next stage of Brisbane Metro and the New Bus Network.
Brisbane City Council’s Transport Chair Ryan Murphy told Peter Fegan on 4BC Breakfast, "There's less maintenance that we have to spend on the road network and then less major upgrades that we have to do as well."
"So investments in public transport pay for themselves many times over," Cr Murphy said.
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Listen to 4BC Breakfast with Peter Fegan weekdays from 5.30am-9am.
See omnystudio.com/listener for privacy information.
Queensland Labor has accused the Crisafulli Government of wasting taxpayer money on a rebrand of government branding from Maroon to blue.
David Crisafulli said on 4BC Breakfast that the change was only being made to email signatures, however, it seems that might have been a lie.
Queensland Opposition Leader Steven Miles told Peter Fegan on 4BC Breakfast, "We've seen directives that have gone out to say that people [government departments] can't use maroon in any of their materials anymore."
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The very best from 4BC Breakfast with Peter Fegan this week.
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At 8:15pm on June 26 emergency services were called to an address on Oriel Road in Clayfield following reports of a stabbing at a house party involving a large group of teenagers.
This morning a 15-year-old Clayfield boy - who was known to the man - has been charged with murder.
Acting Assistant Commissioner Rhys Wildman told Peter Fegan on 4BC Breakfast, "There was an organised event arranged through social media, about 20 to 30 young people were in attendance at that address when this incident unfolded."
"I can tell you now that there are no other suspects."
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Listen to 4BC Breakfast with Peter Fegan weekdays from 5.30am-9am.
See omnystudio.com/listener for privacy information.
From the publisher's feed
If it's happening in Brisbane, you'll hear about it first on 4BC Breakfast.