Article 74758 NSW emerges as main loser from GST carve-up as WA gets extra $5.5bn

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'

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.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/world/rss
Feed Title World news | The Guardian
Feed Link https://www.theguardian.com/world
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2026
Reply 0 comments