Victoria is home to more than a quarter of Australians, and our population is continuing to grow. But, as the review highlighted, Victoria has historically missed out on our fair share of Commonwealth funding.
Since the GST was introduced, Victoria has received $31 billion less than its population share. That has had an impact on the State Budget.
The government will continue to:
- advocate for the Commonwealth Government to find ways to address this funding imbalance
- seek a fair GST system that does not leave Victoria and other states worse off, while WA receives all the benefits
- advocate for better data sharing arrangements with the Commonwealth to support improved targeting of concessions and other supports.
The government will draw on the findings of the Review to strengthen its existing advocacy in national forums.
The Review notes that Victoria has stepped in to fund services that are the responsibility of the Commonwealth. These decisions addressed service gaps and stopped Victorians from falling between the cracks. Our government will continue to engage proactively with the Commonwealth to ensure these critical services are funded appropriately.
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