Moo
Premium Platinum
Guess we just have to wait until we're a basketcase and then we'll just draw down like everyone else.
GST revisited - Who will be the winners (and more important, the losers)
- Thread starter Pessimistic
- Start date
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Guess we just have to wait until we're a basketcase and then we'll just draw down like everyone else.
Chief
~ Shmalpha ~
Moo
Premium Platinum
That's when we were rich.
We've lost our job and broken up with Tie Kuang,time to move back home for a while.
Actually did in 1933 but the rest of Aus said NO .. its in the history books in WA, didn't score a mention in your schooling Chief ?
The new treasurer in WA can see the problem now & in a too rare admission by any serving politician, has had to revise his planned return to surplus
https://thewest.com.au/news/wa/treasurers-bleak-view-of-financial-lawlessness-ng-b88422554z
Mr Wyatt said it remained his “ambition” to return the Budget to surplus by 2019-20 but “rapid and bold decisions” around recurrent spending would be needed to achieve it. “The fiscal scorched earth that has been left to me means that I and Cabinet have got a responsibility to try and ensure that the trajectory of spending changes and so I’ve asked for advice on a range of different options,” he said.
& the GST:
http://www.abc.net.au/news/2017-03-...lower-than-forecast-budget-in-trouble/8384344
WA had been expecting to get 38 cents out of every GST dollar raised in the state in 2017-18, but that has now been revised down to 34 cents.
While the 34 cent figure is an improvement on the 30 cents WA receives for 2016-17, it is still a substantial write down on Treasury's expectations
GST share by state
2016-17
2017-18
NSW
0.9
0.88
Vic
0.91
0.93
Qld
1.17
1.19
WA
0.3
0.34
SA
1.42
1.44
Tas
1.78
1.8
ACT
1.16
1.19
NT
5.28
4.66
Recommendations showing the amount per dollar of GST paid federally that each state receives back.
Arent WA the only State to have secured gas for power generation, no wonder they are getting shortchanged !!
https://thewest.com.au/news/wa/treasurers-bleak-view-of-financial-lawlessness-ng-b88422554z
Mr Wyatt said it remained his “ambition” to return the Budget to surplus by 2019-20 but “rapid and bold decisions” around recurrent spending would be needed to achieve it. “The fiscal scorched earth that has been left to me means that I and Cabinet have got a responsibility to try and ensure that the trajectory of spending changes and so I’ve asked for advice on a range of different options,” he said.
& the GST:
http://www.abc.net.au/news/2017-03-...lower-than-forecast-budget-in-trouble/8384344
WA had been expecting to get 38 cents out of every GST dollar raised in the state in 2017-18, but that has now been revised down to 34 cents.
While the 34 cent figure is an improvement on the 30 cents WA receives for 2016-17, it is still a substantial write down on Treasury's expectations
GST share by state
2016-17
2017-18
NSW
0.9
0.88
Vic
0.91
0.93
Qld
1.17
1.19
WA
0.3
0.34
SA
1.42
1.44
Tas
1.78
1.8
ACT
1.16
1.19
NT
5.28
4.66
Recommendations showing the amount per dollar of GST paid federally that each state receives back.
Arent WA the only State to have secured gas for power generation, no wonder they are getting shortchanged !!
God forbid WA makes some money, or has some nice things.
Eastern States - lol bad luck WA we will take your cash and do you no lube for years after spiraling you into major debt all because you built some much needed infrastructure. Also have fun with a recession because you can't increase spending to compensate for dwindling mining investment cause we took your GST and put you into debt. lol WA. Also lol WA, you actually have the most secure energy supply out of any state, but nope you don't deserve the GST lol WA.
Eastern States - lol bad luck WA we will take your cash and do you no lube for years after spiraling you into major debt all because you built some much needed infrastructure. Also have fun with a recession because you can't increase spending to compensate for dwindling mining investment cause we took your GST and put you into debt. lol WA. Also lol WA, you actually have the most secure energy supply out of any state, but nope you don't deserve the GST lol WA.
WA was fined everything the state could have made from the boom
http://www.perthnow.com.au/news/wes...p/news-story/b5c0874c24962880467a66912f04ae38
WCE1987
All Australian
- Sep 3, 2014
- 699
- 735
- AFL Club
- West Coast
- Other Teams
- Black Ducks, Scorchers, Rams
If Sydney or Melbourne were getting 33 cents in the dollar there would be a floor already.
Probably doesn't help we've only had one PM from our state.
State
13 New South Wales[1]
11 Victoria[1]
4 Queensland
1 Tasmania
1 Western Australia
0 South Australia
Probably doesn't help we've only had one PM from our state.
State
13 New South Wales[1]
11 Victoria[1]
4 Queensland
1 Tasmania
1 Western Australia
0 South Australia
WCE1987
All Australian
- Sep 3, 2014
- 699
- 735
- AFL Club
- West Coast
- Other Teams
- Black Ducks, Scorchers, Rams
Good point. Curtin wasn't even WA born. So actually we've never had a WA born PM and we wonder why WA might get shafted in an Eastern States club.
Prime ministers with division outside of birth state
Of the 22 Australian-born individuals who have served as Prime Minister of Australia, four served after representing a division in a different state than the one in which they were born.
Prime Minister Birth state Division state
John Curtin
Harold Holt
Gough Whitlam
Bob Hawke
- Thread starter
- #61
My guess from that is not all gst money goes to the states. Only qld from the larger population states gets more back
Btw Victoria has been ridiculously short changed on infrastructure grants over a ten year period. Partly our own fault when one government didn't even ask properly
Good point. Curtin wasn't even WA born. So actually we've never had a WA born PM and we wonder why WA might get shafted in an Eastern States club.
Prime ministers with division outside of birth state
Of the 22 Australian-born individuals who have served as Prime Minister of Australia, four served after representing a division in a different state than the one in which they were born.
Prime Minister Birth state Division state
John CurtinVictoria
Western Australia
Harold HoltNew South WalesVictoria
Gough WhitlamVictoriaNew South Wales
Bob HawkeSouth AustraliaVictoria
Where was Bob when he won a Rhodes Scholarship? Not sure it helps where you were born or schooled, take Mike Fitzpatrick, didn't do anything special for WA footy in his time on the Commission.
Surely Prime Ministers treat all of Australia equally within the constraints of the voting public ?
Not a good guess ...
WCE1987
All Australian
- Sep 3, 2014
- 699
- 735
- AFL Club
- West Coast
- Other Teams
- Black Ducks, Scorchers, Rams
I think more just for perspective; and ability to win friends and influence where you are born does help.
A lot of the current ministers would of either gone to the same schools/university's in the eastern state, in-turn their perspective is more shaped by their state. Also, they are more likely to promote their own that also worked through a similar system, hence no WA PM's.
Agree though that a PM would treat all equally
Power Raid
We Exist To Win Premierships
WA should secede
- Thread starter
- #66
Byeeeeee
Power Raid
We Exist To Win Premierships
The violent element of the left shinning through?
WCE1987
All Australian
- Sep 3, 2014
- 699
- 735
- AFL Club
- West Coast
- Other Teams
- Black Ducks, Scorchers, Rams
hutt river province style?
- Thread starter
- #70
Much much more ruthless when roused
Power Raid
We Exist To Win Premierships
roused by jealousy, envy and bitterness
there are far better ways to achieve positive outcomes
- Thread starter
- #72
If you hadn't noticed. The left is the dominant vote in WA anyway
Power Raid
We Exist To Win Premierships
perhaps you don't know who I was backing in the last election
- Thread starter
- #74
It was you who mentioned the 'left' not relevant to the thread really
Power Raid
We Exist To Win Premierships
you picked out the wrong part as important.....
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