The first interim report of the independent GST Distribution Review has been published.

 

The review, being conducted by panel members John Brumby, Bruce Carter and Nick Greiner, is currently considering whether the current horizontal fiscal equalization can be improved.

 

The first interim report outlines the Panel's current thinking on proposals and seeks further submissions from states, territories and other interested parties on the information and concepts outlined in this interim report.

 

“I thank the Panel for their work to date and look forward to receiving a second interim report on issues relating to state taxes and mineral royalties in mid-2012, followed by a final report later in 2012,” Treasurer Wayne Swan said.

 

“After the release of the final report, I will convene a meeting with State and Territory Treasurers to discuss the Panel's recommendations.” 

 

The review can be found here