Albanese confirms WA GST deal stays after Cook lobbying on Perth visit

Albanese confirms WA GST deal stays after Cook lobbying on Perth visit

Following a weekend trip west, Prime Minister Anthony Albanese has reaffirmed that the 2018 WA GST arrangement will remain untouched, with Premier Roger Cook declaring the deal safe after direct assurances. The commitment defies the Productivity Commission's call to scrap what it labelled a 'costly mistake', locking in a carve-up worth billions to WA while other states pay the price. Listen for what this means for the December final report and the growing state-versus-state fault line.

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Show notes

Western Australia receives one hundred and thirteen percent of its assessed fiscal needs under the current deal.

The federal government uses general tax revenue to subsidize the seventy-five cent GST revenue floor.

Maintaining the Western Australia GST floor will cost the federal budget sixty billion dollars this decade.

New South Wales is the primary financial loser under the current horizontal fiscal equalization arrangements.

The Productivity Commission recommended scrapping the twenty eighteen reform despite the Prime Minister's commitment.

Western Australia faces a six billion dollar annual revenue risk if the current deal is ever revoked.

In this episode
  1. 01Intro1 min
  2. 02The Perth Assurance2 min
  3. 03The 'Costly Mistake' in Numbers3 min
  4. 04The State-Versus-State Fault Line3 min
  5. 05Outro1 min
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