- Tasmanian lawmakers are urging the federal government to restore a “fair GST deal” for Tasmania and other states, centered on horizontal fiscal equalisation.
- They want the pre-2018 GST distribution system reinstated and the independence of the Commonwealth Grants Commission preserved.
- Tasmania warns that without these changes, its GST revenue could fall by up to 15% annually, costing as much as $530 million in 2024–25.
- The article also argues that proposed Commonwealth GST reforms currently favor Western Australia at Tasmania’s expense.
Source: premier.tas.gov.au
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Australia"
- ATO Releases 2025-26 GST Strategy for Financial Services and Insurance
- ATO Seeks Comments on Draft GST Ruling for Residential Care Accommodation Services
- Australia Imposes Digital Advertising Levy to Push Tech Deals with Local News
- Voluntarily Changing to Monthly GST Reporting
- ATO Clarifies GST Registration Rules for Religious Institutions
