The NSW and Victorian governments are urging the Albanese government to use its large election mandate to revamp the GST system.
The then Turnbull government agreed in 2016 to what has been dubbed a ‘sweetheart deal’ with Western Australia, which is slated to cost taxpayers $60 billion over 11 years.
This deal set a floor on Western Australia’s GST payments, meaning that it would receive no less than 75 cents of GST for every dollar of GST raised in the state.
