Original article by Shane Wright, Andrew Probyn
The West Australian – Page: 9 : 2-Oct-14

Western Australian (WA) Treasurer Mike Nahan has revealed a plan to change the allocation of goods and services tax (GST) among the states. On 1 October 2014, Nahan told Federal MPs that WA will only get $A0.37 of every dollar of GST raised in the state. Nahan has proposed a change in the treatment of iron ore royalties by the Commonwealth Grants Commission. Nahan admitted that the fall in iron ore prices would cut between $A1.5 billion and $A2 billion from the state’s budget

CORPORATES
WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE, AUSTRALIA. COMMONWEALTH GRANTS COMMISSION, AUSTRALIA. DEPT OF THE TREASURY