Victoria has joined forces with other eastern states to accuse the Commonwealth of funnelling billions in extra GST revenue to WA. gst taxes springst auspolitics auseconomy
Victoria has lashed out at new rules for carving up the GST, accusing the Morrison government of siphoning billions of dollars from the east to the benefit of Western Australia in a bid to woo Australia’s richest state.
“The no-worse-off guarantee is currently legislated only until 2026-27, after which many states, including Victoria, face the risk of an entrenched and ongoing loss of GST revenue,” the submissions says. The GST is distributed to the states on a per capita basis to help equalise access to services and infrastructure. Under the old system, states that couldn’t raise as much state revenue received more GST per person.
To soften the blow, the federal government has guaranteed no state will get less money than it would have under the old system – but only for a five-year transition expiring in mid-2027. “The current GST carve-up had nothing to do with making the GST fairer and everything to do with winning the west at the last federal election,” he said.In a blistering submission to the inquiry, the South Australian Liberal government also suggested the Commonwealth was pandering to Western Australia for political purposes.
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