Equipping professional accountants for sustainability
The International Federation of Accountants has developed a concise resource to guide accounting professionals and...
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Treasurer Scott Morrison has downplayed prospects of a dramatic overhaul of the GST formula to accommodate complaints by Western Australia as the latest annual carve-up increases that state's share because its economy has weakened.
While NSW, the nation's economic powerhouse, will see its share of the goods and services tax reduced because of booming revenue from property transactions, the west's per capita share will rise to 47 cents in the dollar from 34 cents.
Read the full article on the Australian Financial Review.