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Western Australians could be the subject of a GST bidding war in anticipation of the upcoming federal election with Labor considering improving the coalition government plan
The West Australian may reveal the moment when the state's GST share goes up to 75 ¢ for a dollar, giving hundreds of millions of dollars more than the government's proposal.
The ALP could exploit its "Fair Share for WA" fund that promises $ 2.1 billion The government did the same thing last week by pledging $ 2 billion supplements to bring the share the AP to 70 cents before starting the revision. the system of allocating the GST. A 75 ¢ floor in the dollar would start from 2024 to 2025.
Internally, Labor believes that he could use his equity-sharing fund to speed up the delivery of the GST to WA. The next fiscal year's dollar would cost the Labor government about $ 320 million more than what Prime Minister Malcolm Turnbull is offering. The following year, a similar amount would be required to maintain WA at 75 ¢.
The revelation comes as the shadow treasurer, Chris Bowen, reported that Labor would probably support the government's idea.
He says there was no "major point of disagreement" The biggest concern, Mr. Bowen said, is that the government is trying to reduce funding in others areas such as health and education to cover the cost of his proposal.
"WA has legitimate grievances and we said that these grievances should be dealt with," he told Sky News. "The states and territories, the prime ministers and the chief ministers would have every right to be skeptical and to want as strong a guarantee as possible."
The coalition proposal is to be submitted to a meeting of the states and territories in September, there is no legal guarantee that the money put into the GST pool would not be reduced to a later date.
But Mr. Turnbull said the work would sell WA short. He said The West Australian that ALP should be informed of its position on the government package.
"There is no question that WA has got a gross GST deal," said Turnbull. "The reform of the government is in the national interest and will correct the unfair system of the GST that has disadvantaged WA."
"It is very disappointing that Labor refuses to rally behind these reforms.The work drops every Western Australian."
"Bill Shorten and Chris Bowen have no solution for WA."
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