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Pantheon

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WA GST share.
Apr 15^th, 2015 at 11:33am

States like Tasmania and Vic need to develop their own sources of income, and stop replying on money from states like QLD and WA, Why? What happens when the mining booms ends and WA ends up going back to where it was before, before the mining boom? it will be worst off than Tasmania?

Who's then going to subsidise 60% of Tasmanians government (which is currently being funded by the GST)? and the huge spending of the eastern states?

The mining boom is slowing and you can already feel it in WA, yet it share of GST to help the soft landing isn't increasing but is deceasing?

It doesn't seem to make sense or even fair, with the mining boom slowing and dying off, the percentage of WA gets back from GST decreasing? Its a double hit that isn't fair.

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Bam

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Re: WA GST share.
Reply #1 - Apr 15^th, 2015 at 12:17pm

Pantheon wrote on Apr 15^th, 2015 at 11:33am:

States like Tasmania and Vic need to develop their own sources of income, and stop replying on money from states like QLD and WA, Why? What happens when the mining booms ends and WA ends up going back to where it was before, before the mining boom? it will be worst off than Tasmania?

Who's then going to subsidise 60% of Tasmanians government (which is currently being funded by the GST)? and the huge spending of the eastern states?

The mining boom is slowing and you can already feel it in WA, yet it share of GST to help the soft landing isn't increasing but is deceasing?

It doesn't seem to make sense or even fair, with the mining boom slowing and dying off, the percentage of WA gets back from GST decreasing? Its a double hit that isn't fair.

If you're going to be slagging off other states, it would be more convincing if your facts were correct. They are not.

Victoria is like WA - a net payer of GST (not to the same degree in percentages, but comparable in amounts).
Queensland is like Tasmania - a net taker of GST.

I am not unsympathetic to WA's position on the GST, but it shouldn't be an excuse for running a lazy budget. It's easy to be lavish when money is rolling in, but when the revenue drops some prudence is required. The states also need to reform the GST distribution.

The problem is a lack of revenue to pay for services. Further reforms like tax cuts and budget cuts are mostly played out. We should look at increasing taxes by abolishing tax loopholes and using additional non-GST sources of revenue for the states.

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Bam

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Re: WA GST share.
Reply #2 - Apr 15^th, 2015 at 2:09pm

Want to go it alone, WA? Good luck with that
(Excerpt)
Quote:

WA along with New South Wales and Victoria are getting a smaller cut of GST revenue than they would if we just divvied it up according to population.

This is nothing new for NSW and Victoria. They have generally received a lower share of Commonwealth funding than their population sizes would demand since the end of WWII.

But it is new territory for Western Australia. Up to WWII it was the poor, white trash of Australia. And once the Federal Government took over income tax in 1942, and massively increased the disbursement of revenue to the states, WA has for most of that time received more than its "fair share"

When looking at total general revenue assistance paid to the states, as late as 2008, WA was getting as much over its population share as was South Australia, and from the end of WWII till the middle of the 1980s, it consistently received a bigger relative slice than did either Queensland or South Australia.

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Dnarever

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Re: WA GST share.
Reply #3 - Apr 15^th, 2015 at 2:26pm

Pantheon wrote on Apr 15^th, 2015 at 11:33am:

States like Tasmania and Vic need to develop their own sources of income, and stop replying on money from states like QLD and WA, Why? What happens when the mining booms ends and WA ends up going back to where it was before, before the mining boom? it will be worst off than Tasmania?

Who's then going to subsidise 60% of Tasmanians government (which is currently being funded by the GST)? and the huge spending of the eastern states?

The mining boom is slowing and you can already feel it in WA, yet it share of GST to help the soft landing isn't increasing but is deceasing?

It doesn't seem to make sense or even fair, with the mining boom slowing and dying off, the percentage of WA gets back from GST decreasing? Its a double hit that isn't fair.

Who's then going to subsidise 60% of Tasmanians government And WA.

It will be NSW Vic and Qld just like it was the previous 200 years.

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Dnarever

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Re: WA GST share.
Reply #4 - Apr 15^th, 2015 at 2:29pm

WA GST share.

When the transition was going the other way and it was NSW and Vic struggling and complaining when WA income was increasing and they were taking more GST revenue as well all that WA were saying was gee that's bad luck.

Is the balancing act wrong - YES

Did WA care when the same situation was benefiting them to the disadvantage of other states - NO

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Bam Gold Member Offline Australian Politics Posts: 21905 Gender:	Re: WA GST share. Reply #5 - Apr 15^th, 2015 at 4:55pm http://cf.datawrapper.de/Nj6SI/1/?abcnewsembedheight=400 An interesting chart. If all Commonwealth revenue is considered, WA has been receiving a per capita ratio of revenue greater than 1 until 2008. WA ... sponging off the Eastern states for 108 years!
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Pantheon

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Re: WA GST share.
Reply #6 - Apr 15^th, 2015 at 5:13pm

Dnarever wrote on Apr 15^th, 2015 at 2:26pm:

Pantheon wrote on Apr 15^th, 2015 at 11:33am:

States like Tasmania and Vic need to develop their own sources of income, and stop replying on money from states like QLD and WA, Why? What happens when the mining booms ends and WA ends up going back to where it was before, before the mining boom? it will be worst off than Tasmania?

Who's then going to subsidise 60% of Tasmanians government (which is currently being funded by the GST)? and the huge spending of the eastern states?

The mining boom is slowing and you can already feel it in WA, yet it share of GST to help the soft landing isn't increasing but is deceasing?

It doesn't seem to make sense or even fair, with the mining boom slowing and dying off, the percentage of WA gets back from GST decreasing? Its a double hit that isn't fair.

Who's then going to subsidise 60% of Tasmanians government And WA.

It will be NSW Vic and Qld just like it was the previous 200 years.

Are you forgetting the mining boom will be gone? States like Tasmania has grown huge governments that no one will be able to support when the easy mining cash drys up.

With Mining prices falling its WA that needs help for a soft landing, its coming off a huge high and instead getting help its burden is increase to help lower the burden on states like NSW and support growing governments in Tas and SA.

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« Last Edit: Apr 15^th, 2015 at 5:27pm by Pantheon »

[b][center]Socialism had been tried on every continent on earth. In light of its results, it's time to question the motives of its advocates.

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Pantheon

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Re: WA GST share.
Reply #7 - Apr 15^th, 2015 at 5:24pm

Bam wrote on Apr 15^th, 2015 at 2:09pm:

Want to go it alone, WA? Good luck with that
(Excerpt)
Quote:

WA along with New South Wales and Victoria are getting a smaller cut of GST revenue than they would if we just divvied it up according to population.

This is nothing new for NSW and Victoria. They have generally received a lower share of Commonwealth funding than their population sizes would demand since the end of WWII.

But it is new territory for Western Australia. Up to WWII it was the poor, white trash of Australia. And once the Federal Government took over income tax in 1942, and massively increased the disbursement of revenue to the states, WA has for most of that time received more than its "fair share"

When looking at total general revenue assistance paid to the states, as late as 2008, WA was getting as much over its population share as was South Australia, and from the end of WWII till the middle of the 1980s, it consistently received a bigger relative slice than did either Queensland or South Australia.

In 1933 WA held a referendum for independence, in which independence won the majority of the votes, however the British Parliament ruled it invalid from memory.

This is why i think instead of another referendum for independence that might just be called invalid again, they want to go for Disengagement.

Have a look.. State shares of GST revenue

Yes NSW and Victoria could have a few billion taken off them, WA is about to come down off a huge high, it will official become Australia's 3rd largest city in a few years due to huge growth rates, and yet? the GST which is mean to aid states like WA is now facing less GST revenue? Why? this is the time it will need it as the mining boom ends.

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[b][center]Socialism had been tried on every continent on earth. In light of its results, it's time to question the motives of its advocates.

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Pantheon

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Re: WA GST share.
Reply #8 - Apr 15^th, 2015 at 5:28pm

Bam wrote on Apr 15^th, 2015 at 4:55pm:

http://cf.datawrapper.de/Nj6SI/1/?abcnewsembedheight=400
An interesting chart. If all Commonwealth revenue is considered, WA has been receiving a per capita ratio of revenue greater than 1 until 2008.

WA ... sponging off the Eastern states for 108 years!

Thats my point, WA shouldn't be sponging off the Eastern states, because then WA doesn't develop its own economy, now its the Eastern states thats sponging off the mining states.

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[b][center]Socialism had been tried on every continent on earth. In light of its results, it's time to question the motives of its advocates.

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Swagman Gold Member Offline Beware of cheap imitations...... Posts: 15095 Illawarra NSW Gender:	Re: WA GST share. Reply #9 - Apr 15^th, 2015 at 5:48pm WA should secede, build a few nuke power stations and nuke powered desalination plants, export the power to the Eastern States and Asia and use desal water to irrigate a big piece of the arid interior to grow food to export.
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Pantheon

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Re: WA GST share.
Reply #10 - Apr 15^th, 2015 at 5:57pm

Swagman wrote on Apr 15^th, 2015 at 5:48pm:

WA should secede, build a few nuke power stations and nuke powered desalination plants, export the power to the Eastern States and Asia and use desal water to irrigate a big piece of the arid interior to grow food to export.

Now that sounds like a Prosperous capitalist society that had originally been responsible for the rise and successfulness of the West.

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[b][center]Socialism had been tried on every continent on earth. In light of its results, it's time to question the motives of its advocates.

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Swagman

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Re: WA GST share.
Reply #11 - Apr 15^th, 2015 at 6:14pm

Pantheon wrote on Apr 15^th, 2015 at 5:57pm:

Swagman wrote on Apr 15^th, 2015 at 5:48pm:

WA should secede, build a few nuke power stations and nuke powered desalination plants, export the power to the Eastern States and Asia and use desal water to irrigate a big piece of the arid interior to grow food to export.

Now that sounds like a Prosperous capitalist society that had originally been responsible for the rise and successfulness of the West.

Yes, the Nation of West Oz could ally itself with the USA who could establish a huge nuke submarine base on the west coast. WA could lever off this technology and manufacture warships / submarines and use nuke weapons and mega navy to protect its mega wealth. An Indian Ocean super power....

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miketrees

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Re: WA GST share.
Reply #12 - Apr 15^th, 2015 at 9:45pm

WA ... sponging off the Eastern states for 108 years!

If you consider the rust belt industries that have been subsidised and also protected by tariffs over the years you may understand WA has been paying its way before 2008.

If we could have imported the gear we needed (tariff free) we would be streets ahead.
Also our exports also suffered from retaliatory tariffs because of our protectionist position on goods mainly produced in the south east corner.

The other problem WA is having at the moment is the need for new infrastructure to accommodate internal migration.

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Sir Grappler Truth Teller OAM

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Re: WA GST share.
Reply #13 - Apr 15^th, 2015 at 10:16pm

Swagman wrote on Apr 15^th, 2015 at 6:14pm:

Pantheon wrote on Apr 15^th, 2015 at 5:57pm:

Swagman wrote on Apr 15^th, 2015 at 5:48pm:

WA should secede, build a few nuke power stations and nuke powered desalination plants, export the power to the Eastern States and Asia and use desal water to irrigate a big piece of the arid interior to grow food to export.

Now that sounds like a Prosperous capitalist society that had originally been responsible for the rise and successfulness of the West.

Yes, the Nation of West Oz could ally itself with the USA who could establish a huge nuke submarine base on the west coast. WA could lever off this technology and manufacture warships / submarines and use nuke weapons and mega navy to protect its mega wealth. An Indian Ocean super power....

I've already offered you all the GAIA in the Pilbara.... complete with industries close to resources, ship-building (now a nuclear sub base whacko!), tax haven status for those who wish to park money here for a FEE, organised gambling/casinos etc ... and all powered by wind/solar/shelf gas/nuclear backup.....

The Independent State of Gaia (based on Grapplerville) will import its machinery etc tariff free and so forth and will start from scratch for all its people... immigration closely controlled..... sorry.... the world's lifeboat can only take the best..... it's tough out there....

Finders's fee - $50m thank you... direct deposit into my Bahamas account....

ADDS:- What amazes me is that some of you think I'm joking..... or am just playing the class clown..... a position that only a true genius can do well and get away with.....

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« Last Edit: Apr 15^th, 2015 at 10:30pm by Sir Grappler Truth Teller OAM »

“Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passion, they cannot alter the state of facts and evidence.”
― John Adams

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President Elect, The Mechanic

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Re: WA GST share.
Reply #14 - Apr 16^th, 2015 at 6:53am

tell WA that they are dreaming... Roll Eyes

the GST should be shared on the basis of per capita...

therefore you'll see that Victoria are subsidising other states like QLD because successive Labor governments spent money like drunken sailors putting them in massive debt...

then... all resources and income from that should have always been going back to the Federal Government...

income coming from mining belong to all Australians, not just the state that they are in...

this is fair...

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Q

The STORM has arrived
Every Dog Has Its Day...
Dark to Light.
Sheep no more.

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