APPEA wants GST gas incentives
The Australian Petroleum Production & Exploration Association (APPEA) is urging that the way GST revenues are shared is changed in order to incentivise states and territories to develop their own natural gas.
The Productivity Commission is currently investigating the principle of horizontal fiscal equalisation, which underpins the distribution of GST revenue to state and territory governments.
APPEA Director Matthew Doman said the current system disadvantaged jurisdictions that...