Morrison’s GST threat to boost gas

Original article by David Uren, Andrew Burrell, Matt Condon, Emily Ritchie
The Australian – Page: 1 & 4 : 29-Jun-17

Treasurer Scott Morrison says the Productivity Commission’s review of the formula for distributing goods and services tax revenue will take into account state-based bans and restrictions on gas exploration. He says it is not fair that states which are open to gas exploration and production receive a lower share of GST revenue than those which ban exploration. The Federal Government has argued that restrictions on gas exploration in some states and territories is contributing to the shortage of gas for domestic consumption.

CORPORATES
AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. COMMONWEALTH GRANTS COMMISSION, AUSTRALIA. DEPT OF INDUSTRY, INNOVATION AND SCIENCE, WESTERN AUSTRALIA. DEPT OF TREASURY AND FINANCE, VICTORIA. DEPT OF TREASURY AND FINANCE

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