I’m disappointed that the Prime Minister refused to make a commitment to guarantee that the GST formula would not be changed to disadvantage Tasmania, in response to my question in Parliament today.
It’s self-evident that just guaranteeing that the State will not receive any less in dollar figures will give Tasmanians no comfort in the future, seeing as the GST pot gets bigger from year to year.
Indeed according to economist Saul Eslake yesterday, if the dollar figure from 2018-19 was to stay the same, in three years’ time Tasmania’s share of the GST pot would drop from 3.7 to 3.2 per cent.
It’s worrying that the Government is still sitting on the Productivity Commission report into the GST, especially as the draft report suggested a number of changes to the formula that would be devastating for Tasmania.
The Prime Minister needs to be upfront with Tasmanians about what the Government’s intention for the GST formula, and give an iron-clad guarantee that any changes to the formula will not disadvantage the State.
Andrew Wilkie, MP, Independent Member for Denison