The NSW treasurer says a slashed share of GST will cost his state $11.9 billion. But where did he get this figure?
- Written by David Hayward, Emeritus Professor of Public Policy, RMIT University
anek.soowannaphoom/ShutterstockNSW Treasurer Daniel Mookhey caught the headlines yesterday, courtesy of a blistering speech condemning the latest GST carve-up. New South Wales, he claimed, would be A$11.9 billion worse off over the next four years, leaving both the state’s coveted AAA credit rating and budget surplus in tatters.
The lost...
