PRIME Minister Malcolm Turnbull looks set to announce an 80-cent GST floor for WA, in a desperate move to hang on to shaky Liberal seats at the next Federal election.
Sources have told The Sunday Times that Mr Turnbull will soon take a “WA specific” GST solution to Cabinet, with an announcement likely to be made at the Liberal State conference in Perth on August 11.
It is understood the yearly GST top-up, which would inject an additional $5 billion into WA coffers over the next three years, would be paid out of consolidated revenue and not the annual GST multibillion-dollar pie, in a move designed to placate the must-win States of Tasmania, South Australia and Queensland.
via Prime Minister Malcolm Turnbull set to announce 80 cent GST floor for WA | PerthNow
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