Treasurer’s fix ends GST battle

Original article by Ben Packham
The Australian – Page: 1 & 2 : 6-Jul-18

Shadow treasurer Chris Bowen has criticised the Federal Government’s proposal to provide the states and territories with top-up goods and services tax payments. Treasurer Scott Morrison said the GST payments will be funded via consolidated revenue, but Bowen has warned that the government could potentially reduce funding for hospitals and schools to finance the deal. The states are expected to endorse the changes, which aim to ensure that each state’s share of GST revenue does not fall below $0.75 in the dollar.

CORPORATES
AUSTRALIAN LABOR PARTY, AUSTRALIA. DEPT OF THE TREASURY, NEW SOUTH WALES. THE TREASURY

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