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WA and its share of the GST pie. China’s hopes for reserve currency status. The payment system gets an upgrade.

WA and its share of the GST pie. China’s hopes for reserve currency status. The payment system gets an upgrade.

How does Canberra distribute revenue from the Goods and Services Tax and is it fair? The U.S dollar has long been the dominant currency for world trade but can China change that? The system behind how Australians pay for everything is about to be modernised.

The Economy, Stupid · Australian Broadcasting Corporation

June 15, 202329m 8s

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Show Notes

How does Canberra distribute revenue from the Goods and Services Tax  and is it fair? The U.S dollar has long been the dominant currency for world trade but can China change that? The system behind how Australians pay for everything is about to be modernised.