The Update on Queensland’s fiscal position media release from state Treasurer Cameron Dick last Thursday noted “over the 2019-20 and 2020-21 financial years, GST receipts to Queensland will be cut by up to $2.5 billion compared to our MYFER [Mid Year Fiscal and Economic Review] estimates.” I discuss this, and the long-standing issue of Vertical Fiscal Imbalance, in my latest video.
Related posts include:
ABC radio interview on Qld state debt & deficits update
Premier’s 2016 Lodge dinner remark to Turnbull highlighted Vertical Fiscal Imbalance problem