Articles on GST

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Federal Treasurer Josh Frydenberg said the legislation would be introduced in the next parliamentary sitting week. James Ross/AAP

States want the GST guarantee set in legislative stone

NSW Liberal Treasurer Dominic Perrottet said after the meeting that “all states and territories put forward the strong view” the bill must include this.
When details started leaking late Wednesday Malcolm Turnbull quickly declared its proposed model had been rejected. David Mariuz/AAP

Turnbull government says no losers in its new GST carve-up plan

The government's plan released by Treasurer Scott Morrison on Thursday, would ensure the fiscal capacity of all states and territories was "at least the equal of NSW or Victoria, whichever is higher".
Applying the GST to bank products and services would increase costs for consumers but reduce distortion in our economy. Sergio Dionisio/AAP

A better alternative to levying the bank tax

Applying the GST to banking has much sounder economic underpinnings than the current levy, would have raised much more revenue, and would have applied to all banks rather than just the big banks.
Scott Morrison said the Productivity Commission had been asked to inquire into the impact of the current system of horizontal fiscal equalisation. Dan Himbrechts/AAP

GST carve-up to be examined by the Productivity Commission

The government has ordered the Productivity Commission to review how the GST revenue is sliced up.

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