The Queensland government is yet to establish an infrastructure fund it promised for the bush eight months ago.
Coal mining bosses were last year asked by Deputy Premier and Treasurer Jackie Trad to give $70 million to the fund in exchange for a freeze on coal royalties.
But the government’s Resources Community Infrastructure Fund doesn’t exist because it has yet to settle with the industry on how it would work.
A spokesman for the Queensland government on Tuesday said discussions with industry were still ongoing.
“We hope to finalise the details in the coming months,” he added.
There is no deadline for when the fund would be established.
The state’s biggest coal miners were asked in May to cough up a chunk of their gains in exchange for a three-year halt to any hikes on their royalties.
That money would go towards infrastructure in regional communities where the miners operate.
Just two of six firms that met with Ms Trad last year have publicly confirmed they would back the deal.
She promised to spare the industry a royalties increase in the 2019/20 budget whether or not they supported it, and committed to pushing that out to three years if they agreed to the move.
However, Ms Trad also said she’d revisit a change to royalties this year if companies were against it.
The state has set aside $30 million for the fund over three years.
Peak industry lobby, the Queensland Resources Council, welcomed the freeze, but chief executive Ian Macfarlane says the sector is waiting to hear back from the government.
“There have been significant design and governance issues to deal with before the fund is operating, including a way to ensure funds are returned to regional communities,” he said on Tuesday.
“The (council) most recently wrote to the Treasury in November with further details about the industry’s in-principle support for the fund and suggestions for design and implementation.”