NSW emerges as main loser from GST carve-up as WA gets extra $5.5bn
NSW premier says latest distribution calculation, with a reduction in the state’s share of revenue relative to its population, is unfair and ‘past its use-by date’ Get our breaking news email , free app or daily news podcast Australia’s richest state will receive an extra $5.5bn in GST revenue thanks to a sweetheart deal struck with Western Australia in 2018, as the New South Wales premier attacked the latest distribution calculation as unfair and “past its use-by date”. The Commonwealth Grants Commission on Friday released its recommendations on how a projected $102.5bn in goods and services tax should be carved up between the states and territories in 2026-27. Continue reading...