Federal GST Distribution Overhaul “Bizarre”: Expert

A political expert has called the Federal Government’s proposal to change Australia’s GST distribution the most bizarre fix he has ever seen, claiming it is not an overhaul. Murdoch University politics and policy senior lecturer Ian Cook believed the new measures that would give Western Australia a bigger share in the carve-up was a “farcical…

WA To Receive Improved Share in Federal Government GST Fix

Western Australia is set to become $4.7 billion better off, following the Federal Government’s proposal to overhaul the nation’s current distribution of its GST. Federal Treasurer Scott Morrison announced there will be changes to the allocation system that will put more money into WA over eight years, while not leaving any state or territory worse…

Shorten Pledges $400 million to Boost WA’s GST Share

Federal Labor will continue to make up for Western Australia’s low GST share, promising to pump extra cash into the state. Opposition Leader Bill Shorten pledged an additional $400 million on Wednesday if he is elected, topping up the $1.6 billion Fair Share for WA Fund announced last year in an effort to raise WA’s…

WA’s Increased GST Pool Not Enough For Budget Repair

WA is getting an increased share of GST, after the Commonwealth Grants Commission announced that WA will receive an extra 10 cents per dollar in the 2018-19 financial year. The growing national GST pool will give Treasurer Ben Wyatt $260 million more than expected. Mathias Cormann, Federal Financial Minister, said the Federal Government would help…

Bill Shorten’s GST Push For WA During Labour Day Rally

Federal Opposition Leader Bill Shorten arrived in Perth during his Labor Federal Field Campaign, promising a better GST share Western Australia. Mr Shorten was joined by WA Premier Mark McGowan and Deputy Premier Roger Cook participated in the rally at the Joondalup Health Campus this morning. After introducing Labor’s candidate team for the 2019 Federal…

Shorten announces $1.6 billion GST pledge

Federal Opposition Leader Bill Shorten announced his plan for a “Fair Share for WA Fund”, which would see $1.6 billion invested into Australia to make up for the GST shortfall. Currently Western Australia’s share of the GST is sitting at 34.4 cents per dollar of GST raised in the state, the proposed fund would give…

WA Still has the Weakest Performing Economy in the Country

Western Australia still has the worst performing economy in the country, according to a recent report from CommSec. The quarterly report analyses eight key economic factors for each state: economic growth; retail spending; equipment investment; unemployment; construction work done; population growth; housing finance and dwelling commencements. CommSec Economist Craig James said WA’s performance reflects the…

Nahan Calls for Bipartisan Approach With Shorten Over GST Share

The State Opposition has criticised federal Labor for not supporting a better GST deal for WA. State Liberal leader Mike Nahan urging federal Opposition Leader Bill Shorten to get behind WA’s plan for an increased share. Dr Nahan said the WA’s federal Labor members had not encouraged a better GST deal for the State in their…

$10 Billion Up For Grabs Under WA GST Proposal

The Western Australian government claims the State would be $10 billion better off after submitting a range of proposals to reform the Commonwealth Grants Commission. Premier Mark McGowan said the current arrangement was holding back WA’s economy and national economies, in its submission to the Productivity Commission’s inquiry into the nation’s annual GST carve up.…

WA Gets METRONET and GST Top-Up

Western Australia has been allocated $1.6 billion in the Federal budget, to go towards improving infrastructure. This includes putting forward $1.2 billion for the METRONET rail project and another $100 million for better access to the area surrounding Fiona Stanley Hospital. However, this is only a re-allocation of the money that was originally supposed to…