❓ Mr. Mubarakai questions the Treasurer on the Cook Labor government's response to the upcoming Productivity Commission's review of the GST distribution system and potential threats to WA's fair share. The Treasurer defends the current GST deal and highlights WA's contribution to the national economy.
AnsweredQoN 524Legislative Assembly
QuestionView source ↗
GST distribution
524. Mr Yaz Mubarakai to
the Treasurer:
Mr Speaker, before I
ask my question, on behalf of the members for Riverton and Jandakot, can I
welcome the life members of the Leeming Spartan Cricket Club—as a
fellow Spartan. Welcome to Parliament House. Let's go Spartos!
Treasurer, I refer
to the Cook Labor government's commitment to securing Western Australia's fair
share of the GST.
(1) Can the Treasurer inform the house how the
Cook Labor government is responding to the upcoming Productivity Commission's
review of the GST distribution system and what it means for Western Australia's
fair share?
(2) Can the Treasurer outline to the house what
are the threats to this mission?
524. Mr Yaz Mubarakai to
the Treasurer:
Mr Speaker, before I
ask my question, on behalf of the members for Riverton and Jandakot, can I
welcome the life members of the Leeming Spartan Cricket Club—as a
fellow Spartan. Welcome to Parliament House. Let's go Spartos!
Treasurer, I refer
to the Cook Labor government's commitment to securing Western Australia's fair
share of the GST.
(1) Can the Treasurer inform the house how the
Cook Labor government is responding to the upcoming Productivity Commission's
review of the GST distribution system and what it means for Western Australia's
fair share?
(2) Can the Treasurer outline to the house what
are the threats to this mission?
AnswerView source ↗
(1)–(2) Thank you very much. Members of
this house know that it was a WA Labor government that secured a new deal on
the GST. For many years, Western Australia was simply not getting its fair
share. Upon the election of a WA Labor government, we worked very hard to
secure a fair share of the GST. That was work undertaken by WA Labor in which
we secured a 75% floor for our GST. Legislation passed that protected WA and
made sure that the very low percentages that were being delivered would be
reversed and we would get 75% of our GST. At one stage, that share of the GST
revenue had fallen down to 30c, so the new floor is very much about protecting
not only WA's interests but our national interests. WA is the driving force of
the national economy. We spend billions of dollars on economic infrastructure
that fuels development and helps drive national economic growth and our
national financial outcome. As we know, the Premier and our ministers are working
hard to continue to support new developments and working with the federal
government in relation to environmental streamlining processes to make sure
that WA can continue to drive the national economic agenda.
It is fair to say that there are
many people over east who do not support our deal. There are media outlets and
economic commentators trying to tear down that deal. We have a lot of
confidence. We have full confidence in the Albanese government, but we know
there is a lot of noise on the other side of people wanting to tear down that
deal, and that is why we have embarked on a program to make sure we tell our
story so that people across the nation understand what that deal means for not
only WA but also the nation, and that the GST deal works not only for WA but
also for Australia, so do not tear down that deal.
We have embarked on a program
including briefings and round tables with businesses and media. We will be
undertaking an education program over east to make sure that everyone is fully
aware that without this GST deal, the WA Government and WA industry could not
fuel the jobs of the future. Even with the deal, just from the GST pool, we are
already subsidising the other states by $2.5 billion a year. The net fiscal subsidy from WA to Canberra is $39 billion a
year. We are already pulling our weight. Do not touch the GST deal! Our
program is making sure, through our dedicated team and Treasury and through the
former Under Treasurer—the one that the opposition Treasurer seems to
want to attack all the time—to educate, advertise and make sure
Australia knows that a deal that is good for Western Australia is good for the
nation.
this house know that it was a WA Labor government that secured a new deal on
the GST. For many years, Western Australia was simply not getting its fair
share. Upon the election of a WA Labor government, we worked very hard to
secure a fair share of the GST. That was work undertaken by WA Labor in which
we secured a 75% floor for our GST. Legislation passed that protected WA and
made sure that the very low percentages that were being delivered would be
reversed and we would get 75% of our GST. At one stage, that share of the GST
revenue had fallen down to 30c, so the new floor is very much about protecting
not only WA's interests but our national interests. WA is the driving force of
the national economy. We spend billions of dollars on economic infrastructure
that fuels development and helps drive national economic growth and our
national financial outcome. As we know, the Premier and our ministers are working
hard to continue to support new developments and working with the federal
government in relation to environmental streamlining processes to make sure
that WA can continue to drive the national economic agenda.
It is fair to say that there are
many people over east who do not support our deal. There are media outlets and
economic commentators trying to tear down that deal. We have a lot of
confidence. We have full confidence in the Albanese government, but we know
there is a lot of noise on the other side of people wanting to tear down that
deal, and that is why we have embarked on a program to make sure we tell our
story so that people across the nation understand what that deal means for not
only WA but also the nation, and that the GST deal works not only for WA but
also for Australia, so do not tear down that deal.
We have embarked on a program
including briefings and round tables with businesses and media. We will be
undertaking an education program over east to make sure that everyone is fully
aware that without this GST deal, the WA Government and WA industry could not
fuel the jobs of the future. Even with the deal, just from the GST pool, we are
already subsidising the other states by $2.5 billion a year. The net fiscal subsidy from WA to Canberra is $39 billion a
year. We are already pulling our weight. Do not touch the GST deal! Our
program is making sure, through our dedicated team and Treasury and through the
former Under Treasurer—the one that the opposition Treasurer seems to
want to attack all the time—to educate, advertise and make sure
Australia knows that a deal that is good for Western Australia is good for the
nation.
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