Published on 01 Jan 00
by Australian Tax Research Foundation
The Federal Government’s GST package involved major reform of financial relations between the Commonwealth and the States. It included earmarking of all GST revenue for the States and distribution of that revenue on fiscal equalisation principles. Other provisions included abolition of Financial Assistance Grants to the States, the wholesale sales tax and selected State taxes.
This monograph provides comprehensive analysis of the impact of the full GST package on Australian federal financial relations and proposes measures by which the package could be improved.
David Collins was an Adjunct Professor in Economics, Macquarie University at the time of writing this paper.