LOADED: WA raked it in when the mining boom was in full swing.

Retreat into parochialism no solution

The national interest comes a distant second to self-preservation when states’ economies take a turn for the worse.


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The fundamental problem is the carve up of the GST. The problem is with the turkeys who worked out the formula over 15 years ago. Two problems - no gambling revenue is used in the formula and the timing within the formula when economic fortunes change.

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The people of WA expect their elected Government to take a firm stand on the current funding and budget measures being proposed by the Federal authorities. It's clear major changes must be made, for this to happen requires politicians of vision, to challenge the Federal Government that WA will seek a mandate from the people of WA by a referendum, to seek the power for Devolution of fiscal policy, taxation and revenue collection, in otherwords WA sets its own agenda. tax rates and collection and this money stays in WA. For clarity this is "not about independence or succession" its about seeking the devolution of fiscal matters and ending the annual argy bargy of who gets what? WA remains part of the Federation and contributes to the Federal Government for all other agreed services. I suspect there would be many negative comments about such a proposal because people cannot grasp what can be achieved, consider the deal Scotland did on new devolved powers after the referendum and the SNP who drove that deal, may well be a force in the UK parliament too after the next election. Perth could become an attractive corporate centre with a lower corporate tax rate, this would be of interest to many Asian enterprises as well as high tech companies. The GST generated in WA remains in WA, now we come to mining and resources....what is there to be said about such a proposition! The WA Governement must air the Devolution proposition and at the next election state let the people speak by referendum. At the moment the Government is seen to be like a toothless tiger in these budget negotiations. Even if such a proposition does not have the legs, it would be a very powerful bargaining chip....

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