Original article by Simon Benson
The Australian – Page: 1 & 6 : 9-Oct-17
The Productivity Commission’s interim report on its review of the system for distributing goods and services tax revenue will be released on 9 October. The report is said to be broadly supportive of the "horizontal fiscal equalisation" formula for allocating GST revenue but will advocate some changes due to concerns about the current system’s impact on productivity. However, any attempt to change the GST formula is likely to meet with strong opposition from some states. The Commission’s final report will be released in 2018.
AUSTRALIA. PRODUCTIVITY COMMISSION, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. COMMONWEALTH GRANTS COMMISSION, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, TASMANIA. DEPT OF PREMIER AND CABINET, SOUTH AUSTRALIA. DEPT OF TREASURY AND FINANCE