Chicken Chamlers is at it again. This time on the WA GST deal:
At $US128 a tonne, WA’s share of GST would have stayed around the 30¢ per person mark. But as Morrison’s plan meant its share had to increase, billions and billions more had to be tumbled into the GST pot to ensure all the other states and territories were not left worse off.
It’s now expected that instead of costing $8 billion, federal taxpayers will need to hand over $50 billion to prop up the system. Not only is WA’s GST share increasing, it is also enjoying huge iron ore royalties, which this year are likely to reap about $9 billion for the state’s taxpayers.
The Albanese government late last year agreed to extend the no-worse-off guarantee by three years, to 2029-30.
Treasurer Jim Chalmers said this would provide “certainty” to the states and territories as they put together their budgets.
…Chalmers has promised another Productivity Commission inquiry into the GST system to determine if it is “operating efficiently, effectively and as intended”.
Forget it. This coward will do nothing but call another inquiry. He’d run from a fight with a gnat.
You can forget all reform while this policy poltoon is at the helm.
The East can console itself that in due course, iron ore will collapse, and the cock-a-whoop Westerners will come begging again.
