Just goes to show - if you whinge long enough and hard enough you're bound to be heard.
New South Wales finally gets a slice of the GST pie which begins to reflect the amount of this consumption tax we Welshies pay.
From the Commonwealth Grants Commission media release on 26th February 2010:
"The Commonwealth Grants Commission has released its advice on how GST revenue should be distributed among the States and Territories in 2010-11. .....Under the Commission's recommendations for 2010-11, Victoria and New South Wales, and to a lesser extent Queensland and South Australia, receive larger shares of GST revenue compared to 2009-10, while Western Australia, and to a lesser extent the Northern Territory and the ACT, receive smaller shares. The share of Tasmania would stay unchanged. The Chairman of the Commission, Alan Morris, said, "This review takes into account the significant changes in the fiscal circumstances of the States since the Commission's last review in 2004. At the time of that review, New South Wales and Victoria were fiscally stronger than the other States. While their fiscal capacities are still above average, those of Western Australia and Queensland have strengthened quite dramatically over recent years as a result of strong increases in their revenue raising capacities, principally from mining royalties. The fiscal capacities of these two States are now the strongest. These four States now share the cost of raising the fiscal capacities of the four weaker States to the average. "Fiscal equalisation is designed so that, as a State's own capacity to raise revenue, or its cost of delivering services, diverges from the national average, there are compensating adjustments to its GST revenue", Mr Morris said. "That is what has happened in recent updates, and in this review."
2010 CGC Review final report here.Dividing the Goods & Services Tax according to Granny Herald:
NSW + $1.07 billion
Victoria + 872 million
Queensland + $545 million
S. Australia + $357 million
Tasmania + $91 million
NT + $78 million
ACT - $30 million
WA - $223 million
SOURCE: GRANTS COMMISSION 2010-2011