Western Australia’s record $5.6 billion budget surplus has deepened a rift with other states after NSW and Victoria lashed WA’s special deal with the federal government to extract GST compensation payments.
NSW and Victoria are stepping up pressure on the Morrison government to extend beyond 2026 a “no worse off” agreement with other states and territories for the annual $70 billion GST distribution.
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John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s first election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
