WA's GST Deal: Surplus, Not Deficit
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Western Australias claim of being the primary GST contributor is debunked, as theyve been receiving a guaranteed minimum share since 2019. Despite forecasting a surplus, they argue for additional funds. The GST deal, initially costing $2.3B, now projects to reach $60B by 2029-30. Other states, like Tasmania and New South Wales, express concerns over budget strain and opaque allocation rules. A Productivity Commission review may reshape funding, but significant changes seem unlikely due to political considerations.
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