How QLD’s mining downturn impacts the broader industry

Mitchell Herrett of RSM Australia outlines how falling coal prices, rising costs, and Queensland’s progressive royalty regime have triggered distress across the state’s mining sector—exemplified by job cuts and insolvencies—and warns that the resulting cash flow pressures could ripple through contractors and regional economies, urging affected businesses to review contracts, cut costs, diversify, and seek early restructuring advice.

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