The Commonwealth Grants Commission has released its latest proposal for how GST will be split amongst the states.

Debt-laden Victoria has done really well out of the proposal increasing their cut to $26.15 billion while Queensland is set to lose $2.4 billion, shrinking the Sunshine State’s cut to $16.6 billion.

Queensland Treasurer David Janetzki told Sofie Formica on 4BC Breakfast, “Queensland will drop $2.4 billion next year, but in the same breath, Victoria is going to stand to gain $4 billion next year and even New South Wales gets $1.3 billion.”

“So Queensland, for a variety of reasons, seems to be penalised predominantly because of its strong resources sector, but also it appears that we’re going to be compensating Victoria in particular for their poor policy decisions during COVID.”

“Our position has been strong, we don’t think Queensland should be penalised because of the failures of Victoria, ” Treasurer Janetzki said.

Hear more highlights from 4BC Breakfast below: 

Image: Facebook/David Janetzki MP/Canva

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