According to the Commonwealth Grants Commission, and recently published in ‘The Australian’, it seems that WA is drawing the short straw when it comes to GST!
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For every ONE dollar taxed, here is the breakdown of how much GST is returned, dependant on your location:
NSW: 87.7 cents
VIC: 93.2 cents
QLD: $1.188
WA: 34.4 cents
SA: $1.44
TAS: $1.805
ACT: $1.195
NT: $4.66
Average: $1
Statistics like these make us wonder… How can a public servant town like Canberra get $1.195 back for every $1 in GST collected?
The difference between WA’s small cut of 34.4 cents and the Northern Territory’s huge $4.66 seems unfair to us!