Scott Farlow
Shadow Treasurer
Shadow Minister for the Hunter
Today’s determination by the Federal Government’s Commonwealth Grants Commission that NSW will receive just 82 cents for every dollar it contributes to the GST pool is a bitter blow to the state’s future prosperity, and further proof that NSW is worse off under State and Federal Labor.
The NSW Liberals and Nationals call on Chris Minns and Daniel Mookhey to stand up for NSW and demand that Anthony Albanese fix the GST distribution formula so that the people of NSW receive their fair share.
NSW taxpayers pay more than any other State by any other measure, yet continue to be short changed.
Under the current, lopsided arrangement, this inequity is only set to worsen for NSW, while Victoria remains a net winner for the second year in a row.
Shadow Treasurer, Scott Farlow, said today’s determination highlights how NSW is being left behind under Labor governments in Macquarie Street and Canberra.
“Under Chris Minns and Anthony Albanese, NSW has gotten the worst GST deal since the introduction of the GST,” Mr Farlow said.
“NSW taxpayers are already paying 30% more tax under the Minns Labor Government, and the NSW Liberals and Nationals are concerned that today’s news will be another excuse for Labor to raise taxes.”
“After three years in office today, Chris Minns and Daniel Mookhey have sat on their hands when it comes to GST Distribution Reform.
“They have failed to even make a submission to the Productivity Commission’s GST Distribution Reform inquiry to date, and today’s determination demonstrates the devastating consequences of this inaction to the future prosperity of NSW.”
“While the Government has called for reform today, a move welcomed by the Opposition, it's clear that Chris Minns has failed to stand up to Anthony Albanese for NSW to date.”
“Under Chris Minns and Anthomy Albanese NSW taxpayers will keep paying more while getting less in return.”