$329 million GST write-down for next year

Latest figures released by the independent Commonwealth Grants Commission (CGC) estimate a cut of $329 million next year (2019-20) in total GST funding to South Australia. The CGC has released its 2019 Relativity update which estimates that SA will get $6,946 million in GST funding next year, compared with the estimate of $7,275 million included in SA’s Mid-Year Budget Review, released…