Opinion
The west is having its iron ore cake - and eating it too
Western Australia depended on wealthy eastern states before the iron ore boom. But the largesse won’t be flowing the other way around.
Saul EslakeContributorWestern Australians have, since 2005, repeatedly claimed there is something both “unfair” and “unprecedented” about the extent to which their share of GST revenues has fallen relative to their share of Australia’s population.
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Saul Eslake is former chief economist of ANZ Bank and of Bank of America Merrill Lynch in Australia, and is now principal of Corinna Economic Advisory based in Hobart.
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