Queensland Treasurer David Janetzki has used his ministerial statement this afternoon to detail the government’s submission to a federal Productivity Commission review of GST distribution.
The state government has been vocal about the Commonwealth Grants Commission’s most recent GST allocation, a drop of $2.3 billion – the state’s lowest-ever share – due to heightened coal mining royalties.
Janetzki said Queensland would push for a “Canadian-style” discount to the impact of mining-related revenue on the calculation of the states’ share of the GST.
“States should not be penalised for their contribution to industries that drive national wealth, but under the existing methodology, that is exactly what happens,” he said.
“States that support the growth of our resources industries are penalised, with royalty revenue redistributed to states that ban or restrict exploration.”
Janetzki said Canada’s system saw a 50 per cent discount applied to mining revenue, which was generally on par with Western Australia’s “sweetheart deal”.



























