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What losing the GST deal would cost WA households and budgets
Australia News10 min

What losing the GST deal would cost WA households and budgets

The WA government says the Commission's preferred option could crash WA's per-person GST share from 82 cents to just 24 cents in the dollar, costing the state between $1 billion and $6 billion a year. For Western Australians, that raises real questions about hospitals, schools and roads funding. Listen for how much is genuinely at stake versus political rhetoric, and what happens before the December final report.

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Show notes

Western Australia faces a six billion six hundred million dollar annual shortfall if the floor is removed.

The current deal protects the state from a revenue cliff of twenty-four cents per dollar.

Mining royalties from iron ore in the Pilbara trigger automatic reductions in the state's share.

The seventy-five percent floor for twenty twenty-four ensures funding for hospitals, schools, and roads.

A final Productivity Commission report on the funding review is due by December thirty-first, twenty twenty-six.

Rolling averages are used to smooth out budget volatility caused by global commodity market fluctuations.

In this episode
  1. 01Intro1 min
  2. 02The Eighty-Two Cent Reality2 min
  3. 03The Mechanics of Equalisation3 min
  4. 04Hospitals, Schools, and Roads2 min
  5. 05The Road to December2 min
  6. 06Outro1 min
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