NSW Treasurer Daniel Mookhey insists the state budget has been “ripped off” $12 billion in GST payments from the federal government, even though his budget papers show the overall shortfall is half that amount.
The treasurer was annoyed by a pre-budget report by The Australian Financial Review noting that a big forecasting error by the NSW government was the reason behind his months-long GST shortfall claim.
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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
