Victorian Budget

Here's why a GST rate increase should be on the table

At present the Australian GST is levied at 10% on the majority of goods and services produced in Australia which are then on sold to Australian individuals and businesses. The money raised by the GST is then put through a process called Horizontal Fiscal Equilisation where the Federal government then allocates each state and territory an amount based on the HFE formula. Given the primary income for State/Territory Governments is GST and the...

Federal Budget 2013: the urban versus suburban battlelines are drawn

It's abundantly clear now, the urban versus suburban transport infrastructure battlelines have been drawn and an enormous wedge has been squarely placed between Alexandra Parade and Grattan Street in the inner North. Last night's federal government budget saw the Treasurer commit the federal government to $3 billion in funding destined for later this decade and early next decade for the construction of the Melbourne Metro project and no...