The Commission expects to receive terms of reference to produce relativities for distributing GST revenue in 2021-22. The Commission will produce relativities in accordance with the Commonwealth's new equalisation arrangements enacted in the Treasury Laws Amendment (Making Sure Every State and Territory Gets Their Fair Share of GST) Act 2018.
On 24 August the Commission released a discussion paper on issues affecting the 2021 Update, including whether policy responses to the COVID-19 outbreak will have implications for the methodology for measuring relative fiscal capacities. Submissions received in October 2020 are now available.
Following a comprehensive review of its methodology, the Commission provided its recommendations for the distribution of GST revenue among the States in 2020-21 to governments on 28 February 2020. The 2020 Review final report was released publicly on 16 March 2020. The 2020-21 GST revenue sharing relativities where accepted by the Australian Treasurer on 3 April 2020.
The Commission has sought feedback on the way it conducted the review. A summary of the feedback and the Commission's response is now available