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NSW faces budget deficit amid claims of unfair GST distribution by Federal Government

  • New South Wales (NSW) is not receiving its fair share of GST from the federal government, claims Business CEO Daniel Hunter.
  • The NSW Minns Government announced a budget deficit of $3.6 billion for 2024-25.
  • Labor has declared major investments in essential projects.
  • Mr. Hunter describes the situation as a “GST rip-off” by the federal government.
  • He believes the unfair GST distribution is contributing to NSW’s budget deficit.

Source: skynews.com.au (video)

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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