Media Alert | 14 March 2023
2023 Update
The Commonwealth Grants Commission has today released its recommendations for the distribution of Goods and Services Tax (GST) revenue to the states and territories in 2023-24. See: http://bit.ly/3JCUxML
The Commission has also released an Occasional Paper which provides a summary of the key issues affecting the distribution of GST revenue in 2023-24. See: https://bit.ly/3ZLKcUb
For information on the factors driving changes in GST distribution revenue to individual states and territories. See: About GST distribution | Commonwealth Grants Commission (cgc.gov.au)
The Commonwealth Grants Commission provides independent advice to the Australian Government on the distribution of the GST to the states and territories. Australia’s GST distribution arrangements are governed by relevant legislation and seek to provide the states and territories with a similar fiscal capacity to provide services. The Commission’s recommendations for the distribution of GST revenue take into account the different revenue raising capacities of the states and territories and differences in the costs they face in providing services.
The Chair of the Commission, Mr. Mike Callaghan AM PSM, is available to provide background on the GST distribution recommendations. To arrange a call with Mr. Callaghan, please call 02 6218 5701.
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