WA blazing trail of fiscal independence

Political secession is not on WA's agenda, but financial secession certainly appears to be happening.


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Great article Tim. Congratulations.

Nice article Tim, it's a shame that those in the east just don't understand our postion. But perhaps we are closer to the point of separation than you have inferred. At the moment it is difficult to see where we Western Australians are benefitting from the 'Mining Boom 2'. It seems that every cent of additional revenue that is generated through royalties is gouged back through reduced GST revenue. The figures show that the non mining sector of this state is in recession, despite Gillard's assertion yesterday that we currently have a very strong economy. It seems to me that the WA miners were happy enough to wear a $6 - $8 billion annual hit through the MRRT, so why doesn't WA claim this sum through its royalites. This will give us much more than the current net GST revenue, which will allow the State to reduce its debt and put some cash away for a rainy day. And Canberra can just do its own thing. We could even afford some of the social facilites that those in the East ake for granted.

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