'GST Is Busted': Call for Fairer Slices of Revenue Pie
NSW proposes per-capita GST allocation with four-year forecasts and a 50-cent floor to replace costly 2018 WA deal, aiming to protect small jurisdictions and ease taxpayer burden.
9 Articles
9 Articles
GST Formula Again Under Fire as NSW’s Share Declines
The way in which money from Goods and Services Tax (GST) is allocated to states—a perennial source of dispute—is back on the agenda as the treasurer of Australia’s most populous state, New South Wales (NSW), claims the system is “busted.” Each year the Commonwealth Grants Commission (CGC) calculates the share of each state and territory, focusing on their respective financial capacity to provide similar levels of public services and not on how m…
NSW pushes for GST reform as latest carve-up delivers record low share - The Indian Sun
The New South Wales Government is calling for changes to the way the Goods and Services Tax is distributed, following a decision that has delivered the state its lowest share on record. According to the Commonwealth Grants Commission, NSW will receive 82 cents in the dollar in 2026–27, down from 86 cents in the previous year and 92.4 cents in 2023–24. The state says this shift will leave it with around $1.4 billion less in GST revenue than Victo…
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