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Mark McGowan (left) and Andrew Forrest at the GST reform breakfast. Photo: Attila Csaszar

GST could get worse: CCI

Mining magnate Andrew Forrest has made an emotional plea for gambling revenue to be factored into the GST distribution system, while Western Australians have been warned the state’s share of the revenue could potentially fall to zero if the economy were to return to boom times.

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Kalamunda WA
I would be interested to know by what criteria WA is judged to be the "strongest" state such that the others need "uplift" to match us?

Business News
Hi Tim - the Grants Commission basically uses a big formula to calculate revenue raising capacity and then adjusts for operational costs.

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1 year TSR5 year TSR
44thFortescue Metals Group135%22%
393rdWoodside Petroleum-8%-0%
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485thSouth32-20%
693rdOM Holdings-53%10%
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