Morrison-era GST deal with WA a multi-billion dollar mistake that should be reversed, Productivity Commission finds

The Productivity Commission has released an interim report criticizing the GST deal made during the Morrison era with Western Australia. The report claims that this deal, which was intended to benefit WA, has instead become a costly mistake, with tens of billions of dollars in taxpayer money going to the country's richest state. This finding is significant because it suggests that the deal has not achieved its intended objectives, and that a re-evaluation of the agreement may be necessary to ensure a more equitable distribution of funds.

Why it matters

The current GST deal has not met its objectives, and reform could lead to a more equitable distribution of funds. This could impact the Australian economy and markets, as a revised deal may alter the financial landscape for Western Australia and other states.

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