In media release No 2012/044, issued 8 June 2012, the Treasurer, Wayne Swan, announced the release of the second interim report of the independent GST Distribution Review being conducted by John Brumby, Bruce Carter and Nick Greiner (the Panel).
In the second interim report the Panel has examined the interaction between horizontal fiscal equalisation and a number of tax policy issues, including State tax reform, mining royalties and the Minerals Resource Rent Tax (MRRT). This second interim report outlines options relating to the MRRT and its interaction with state mining royalties and the GST distribution.
As this is an interim report, the Panel will continue its consultations with a view to providing its final report later this year.
The report can be accessed here