Konrad Forrest
gold royalty

After a protest at the steps of Parliment house today, the WA state Liberals unanimously decided to block a move by the WA state government to raise the gold royalty rate from 2.5 percent to 3.75 percent.

Opposition Leader Mike Nahan said after the meeting "This royalty increase would have imposed a significant risk to jobs in the industry, it is our view that the McGowan Government did not seek nor have a mandate to increase the gold rate"

The state government now has to hope for a win on the GST after a report suggested changes which could send billions back to Western Australia which will help fill a deepening black hole.