NSW may be entitled to GST compensation from other states if it replaces property stamp duties with a recurrent land tax, according to a new report by the Commonwealth Grants Commission.
The analysis opens a new potential point of tension between the states on the distribution of the $63 billion goods and services tax pool.
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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