24 February 2012

An extra $52 million in GST money turns up

24 February 2012 | johnboy

Andrew Barr has the happy news that the Commonwealth Grants Commission is bestowing extra GST money on the good people of Canberra:

The CGC report recommends draft new relativities – these relativities govern how much each state/territory receives.

The ACT’s relativity has increased, largely because of:

— Rising cost of providing services, notably health; and
— Infrastructure costs rising because of strong population growth.

As a result of its higher relativity, the ACT is set to receive an extra $52.5 million in 2012-13

In the mid-year budget review the Government foreshadowed a $62.3 million reduction in GST funding over the forward estimates. The new relativities would revise this to a $104.1 million increase.

I welcome the proposed funding increase for the ACT.

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NickD8:35 pm 25 Feb 12

bd84 said :

Funny how the states with Labor governments sitting on the edge of election defeats this year suddenly get a GST windfall from the commonwealth..

I call bullshit on that. The Tasmanian Labor Government (which is on track to be wiped out) is out of pocket from these changes: http://www.themercury.com.au/article/2012/02/25/303901_tasmania-news.html

zig12:14 pm 25 Feb 12

Great….just what we need…more money to be burnt on wanky public art….

bd8411:45 am 25 Feb 12

Funny how the states with Labor governments sitting on the edge of election defeats this year suddenly get a GST windfall from the commonwealth..

thatsnotme8:51 pm 24 Feb 12

cranky said :

Sorry Andrew,

I do not believe that this announcement has come out of thin air.

Are the local ratepayers to now kowtow to your astonishingly amazing negotiating skills that have resulted in this payment?

Sir, you knew this was coming. Please dont try to take a poofteenth of credit.

Huh? Did you even bother to read the statement? I’m guessing not, because there were none of the usual ‘we’ve worked long and hard for this result’ type of statements in this announcement. Amazingly, this seems to be nothing more than an announcement that passes on some good news for the ACT, with no additional political spin on it. I will lobby my state and federal colleagues hard to ensure these relativities are adopted and that the ACT gets a fair share is about as political as it gets – and I’d bloody well hope Andrew did that too!

So you have your wish – from my reading of this, and the linked piece on Andrew’s web site, he does actually seem to be taking less than a poofteenth of credit for this. It surprises me to see a politician reporting a good result without trying to take personal credit for it – maybe there’s a slight glimmer of hope after all?

cranky6:28 pm 24 Feb 12

Sorry Andrew,

I do not believe that this announcement has come out of thin air.

Are the local ratepayers to now kowtow to your astonishingly amazing negotiating skills that have resulted in this payment?

Sir, you knew this was coming. Please dont try to take a poofteenth of credit.

Bluey5:11 pm 24 Feb 12

“I welcome the proposed funding increase for the ACT.”

Really Andrew? Did you really have to say that? Pretty sure we ALL welcome extra cash as long as its spent wisely.

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