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DARK SECRETS: Queensland resources council launches campaign against royalty hikes angering premier | Rare Historical Photos

Queensland Premier Annastacia Palaszczuk says she is "angry" and "disappointed" at the Queensland Resources Council over an expensive advertising campaign against coal royalty hikes, and won't attend a QRC lunch on Wednesday.

Ms Palaszczuk said the QRC's member-funded campaign against the government's June coal royalty hikes would amount to $40 million; QRC chief executive Ian Macfarlane on Tuesday said the campaign did not have a set price tag.

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