Joe Hockey (North Sydney, Liberal Party, Shadow Treasurer) Share this | Hansard source

Anyway, some states will have to sacrifice up to 50 per cent of their GST revenue. I do not think they are very happy about that. Quite frankly, Western Australia is so unhappy about it that it has not agreed. So this is only partially a bill for part of Australia because that great chunk of Australia on the other side of the black stump is not prepared to give up its GST. In the case of the ACT, Treasurer Katy Gallagher’s office confirmed that the territory would be handing back between 48 and 50 per cent of its GST to Parliament House.

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