NSW emerges as main loser from GST carve-up as WA gets extra $5.5bn
by Patrick Commins Economics editor from World news | The Guardian on (#74758)
NSW premier says latest distribution calculation, with a reduction in the state's share of revenue relative to its population, is unfair and past its use-by date'
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Australia's richest state will receive an extra $5.5bn in GST revenue thanks to a sweetheart deal struck with Western Australia in 2018, as the New South Wales premier attacked the latest distribution calculation as unfair and past its use-by date".
The Commonwealth Grants Commission on Friday released its recommendations on how a projected $102.5bn in goods and services tax should be carved up between the states and territories in 2026-27.
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