GST System Flawed and Costly | Sydney News

A new Productivity Commission report slams Australia’s GST revenue-sharing system as a costly, unfair mess — calling the 2018 reform a “mistake” that can turn disasters into windfalls for states like WA. The flawed setup costs taxpayers $12 billion annually and flips the original goal of equitable service provision on its head, even letting one state profit from another’s misfortune. Fix options include reverting to an older model with federal flexibility or compensating WA directly. Final recommendations are due by year’s end, but for now, the system’s inequities are glaring — and growing. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/861ff46ba9f53188