
GST Pool Split: States Get Bigger Share
About this episode
The Commonwealth Grants Commission unveils the GST pool distribution for 2022-2027, with every state receiving a larger share due to robust revenue growth. Western Australia leads the pack with a 0.8% increase, while Queensland gains $1.7 billion more. Victoria also sees a boost, despite a slight dip in share. This distribution significantly impacts state budgets, aiming to provide equal services to all residents. However, critics argue the process is overly complex and costly, with the 2019 safeguard for Western Australia already draining billions from federal funds.
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Sydney News Today | 2 Min News | The Daily News Now! — GST Pool Split: States Get Bigger Share. Machine-transcribed; use the interactive transcript above to jump the player to any line.
0:00From Sydney, this is your March 13th update. The Commonwealth Grants Commission has announced how the $103 billion GST pool will be split among states for 2026, 27. Every state and territory gets a bigger share than last year, thanks to stronger overall revenue growth. Western Australia scores the biggest relative win, with its portion rising from 8.3% to 9.1%, despite its solid finances. Queensland lands the largest dollar jump at $1.7 billion more, while Victoria sees a small drop in share, but still pockets one, $0.5 billion extra. This distribution carries huge weights since GST forms the top revenue stream for state governments directly affecting their budget plans. The commission's goal is to level the playing field so every state can deliver services equally to residents, often giving smaller ones more per. Economists keep criticizing the process as overly complex and opaque, and that 2019
1:01safeguard for Western Australia has already drained. Tens of billions from federal coffers. D&N is sponsored by our partner. What is cooler than cool? A pillow that plays your sound, S-O-L-I, solely pillow dot com.
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