Federal Financial Relations (GST Revenue Sharing Relativities for 2024‑25) Determination 2024
I, Jim Chalmers, Treasurer, make the following determination.
Dated 7 May 2024
Dr Jim Chalmers
Treasurer
Contents
Part 1—Preliminary
1 Name
2 Commencement
3 Authority
4 Definitions
Part 2—Determination of GST revenue sharing relativities for 2024‑25
5 GST revenue sharing relativities for the 2024-25 payment year
This instrument is the Federal Financial Relations (GST Revenue Sharing Relativities for 2024-25) Determination 2024.
(1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
Commencement information | ||
Column 1 | Column 2 | Column 3 |
Provisions | Commencement | Date/Details |
1. The whole of this instrument | The day after this instrument is registered. |
|
Note: This table relates only to the provisions of this instrument as originally made. It will not be amended to deal with any later amendments of this instrument.
(2) Any information in column 3 of the table is not part of this instrument. Information may be inserted in this column, or information in it may be edited, in any published version of this instrument.
This instrument is made under the Federal Financial Relations Act 2009.
Note: Paragraph 13(1)(b) of the Legislation Act 2003 has the effect that expressions have the same meaning in this instrument as in the Federal Financial Relations Act 2009 as in force from time to time.
In this instrument:
the Act means the Federal Financial Relations Act 2009.
Part 2—Determination of GST revenue sharing relativities for 2024‑25
5 GST revenue sharing relativities for the 2024-25 payment year
For the purposes of subsection 8(1) of the Act, a factor specified in an item of the following table is the GST revenue sharing relativity, for the 2024-25 payment year, for the State mentioned in that item of the table.
Item | For this State: | The GST revenue sharing relativity for the 2024‑25 payment year is: |
1 | New South Wales | 0.86736 |
2 | Victoria | 0.96502 |
3 | Queensland | 0.95232 |
4 | Western Australia | 0.75000 |
5 | South Australia | 1.40312 |
6 | Tasmania | 1.82832 |
7 | Australian Capital Territory | 1.20419 |
8 | Northern Territory | 5.06681 |