WA gets GST revenue cut in 2013/14

Written By Unknown on Jumat, 15 Maret 2013 | 11.25

WESTERN Australia should receive half a billion dollars less in GST revenue in the next financial year because of its booming mining sector, the Commonwealth Grants Commission says.

However, in its annual advice on how the GST revenue pie should be carved up in 2013/14 the commission awarded Queensland nearly $700 million more to counter the impact of lower coal prices.

The commission's advice goes to the federal government each year before a final decision is made.


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