“Scandalous” WA GST carve-up slammed as taxpayer cost surges
A controversial GST deal with Western Australia once forecast to cost $9 billion could now blow out to more than $60 billion.
The federal budget is set to take another hit from “Australia’s worst public policy decision of the 21st century thus far”.
Independent economist and proud Tasmanian Saul Eslake doesn’t hold back in his assessment of the 2018 GST deal between the then-Morrison coalition government and Western Australia.
When it was first announced, changes to the distribution of GST revenue among the states, struck after years of persistent protestations from Perth that they were getting less than their fair share, were forecast to set the federal budget back $9 billion over eight years.
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