Opinion
Best fix to GST system is to grow bigger revenue pool
Rather that try to unwind the deal with Western Australia, Victorian Treasurer Tim Pallas should focus on the economic policy reforms needed to reverse the decline in GST revenue.
Dean SmithLiberal SenatorVictorian Treasurer Tim Pallas claims the current system for dividing GST revenues between the states and territories “isn’t just unfair” but is “far worse” than first imagined.
This is a tricky attempt to unwind an agreement that enjoyed enthusiastic support from his federal Labor colleagues just two and a half years ago.
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Dean Smith is a Liberal Senator for WA and Shadow Assistant Minister for Competition, Charities and Treasury
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