Price defends State’s Federal MPs’ record on GST-share fight
Durack MHR Melissa Price has defended her, and her WA Federal Government colleagues’, record on fighting for a fairer share of goods and services tax for the State.
Over the long-running GST debate, the 11 Liberal MPs have been accused of sitting idle, but that is not the case according to Ms Price.
“I have been quite surprised by people’s reactions to me speaking because I have spoken a number of times in Parliament, as have all my WA colleagues,” she said.
“We have had a number of meetings with the treasurer, and a number of meetings with the Prime Minister.
“We here in Western Australia know the system is broken, we feel like we are getting ripped off every day and, guess what, New South Wales is starting to feel that way as well.”
Ms Price’s comments come after reforms proposed by the WA Chamber of Commerce and Industry were revealed which would leave WA at least $1.5 billion a year better off.
In its submission to the Productivity Commission’s review of the GST system, the chamber said changes to the treatment of mining royalties would deliver benefits to WA and the State’s taxpayers and force other parts of the country to develop their mineral resources.
Under CCIWA’s proposals, 25 per cent of mining royalties would be excluded from the Commonwealth Grants Commission process, or 20 per cent of all revenue would be set aside.
The chamber is also pushing for the immediate introduction of what it describes as a “ratcheting” GST floor that would reach 70c in the dollar.
Chamber chief economist Rick Newnham said all proposals would help WA, encourage other States to develop their resources and end the way the GST system was hurting the national economy. “As it stands now, States are encouraged to take the path of least resistance when it comes to lining their coffers,” he said.
“It’s far easier to sit back and let the GST redistribution do the work than it is to get out there and develop new, under-utilised sectors.
“This economic apathy robs the nation of higher economic growth and undermines job creation.”
The submission has been agreed to by WA business organisations including the Master Builders WA, the Real Estate Institute and the WA Tourism Council.
Durack MHR Melissa Price “is not idle”.