It is my understanding that the mining tax is going to be collected mainly from QLD, WA and NSW, however, it is to be evenly distributed throughout all the states.

Is this fair?

My point is, the median house price in VIC is much higher than in QLD, so, is it fair to expect the VIC government to take a portion of their revenue from their property sales and give it to the likes of QLD?

More importantly, most mines are located in areas considered to be less attractive places to live, bring up families etc.

If governments wish to evenly distribute revenues, why shouldn't all revenues be in the melting pot?

Sorry mate.
I do truly, think you miss used the word understanding.
Australia is one nation one country.
Do we start a separation.
Or do we distribute this tax to places it is needed.
I have seen claims like this before, but remember, once the states not involved paid the bills.
You force me to ask, just why any one wants us to not be one people.
Rechtub, a simple truth, just looking at the threads title.
Was enough to know who posted it, its direction, and yes the fact you left big impacts out of your idea.
If every cent paid in tax went only to the state the payer comes from we would soon destroy Australia.

Belly, I have no problem with combining all government revenues, federal and state, then distributing them throughout the states, but this must include, all revenues.

All royalties, all levies, all stamp duties, all forms of revenue.

Forgive if I am wrong, but I don't think this is the case at present, or is it?

Since the floods last year, Qld has been forced to take out it's own inf insurance, something that until now has been considered unviable, given the size of QLD and, given our smaller population.

So, why should we have to pay our own insurance, yet share our mining revenues?

Fair is fair, don't you think!

Would it not be fairer for Australia to have inf insurance, rather than the separate states?

Sorry Belly, I can't agree with you on this.

For years the imposition of import duties & tariffs was used to transfer wealth, & jobs, from the states with no, or little manufacturing industry to Sydney & Melbourne, & a lesser extent Adelaide. Those taxes funded infrastructure & private wealth for them, that the rest of the country could only dream of.

Now they are rust buckets, sinking under their own excesses, their elites want to reach out to the bush again, to rip us off for their own welfare.

With so little publicly funded infrastructure in mining areas, companies are using fly in fly out workers, often from these capitals, so not only the mining profits, but their wages go back to the big smoke to be spent. Perhaps it's time to spend more of the nations income in the places it's earned, the bush.

After hundreds of millions already pumped into the motor industry, there are discussions about hundreds of millions more. Just how long are we going to continue pumping the wealth of regional Oz, & particularly Qld & WA into these city based industries, to the cost of everyone else?

Yes we need to maintain some industrial capacity, but with our cost structures, the automotive industry is probably one we can no longer logically support, particularly in it's present form. How much did we waste on Mitsubishi? While we have the export earning capacity of the mining industry we may be better off importing all, rather than just most of our cars.

Adelaide is a perfect example. Without auto industries subsidies, & direct government industries, [think subs], the place would wither & die, probably happily drinking their wine. However, without pinching more our water, they could not even grow their grapes.

Sydney is a huge & spreading cancer on a previously beautiful bit of country, but I suppose it does give us somewhere to dump all those immigrants that won't fit into Melbourne.
Continued.

Continued

So Belly, the new mining tax will make mining states poorer, while being used for nothing more worthwhile than propping up, for another decade, those obsolete twentieth century cities. They will die eventually, & the earlier they do the better for their people.

Wasting the new wealth on them, & not spending it where it is earned is simply bad politics in action. It is time to stop propping up old failures, & even past successes. We are going to have to come to grips with reality sometime. Wasting the effect of the new successful activities, in an attempt to hold onto the old is not very wise.

Belly, it's my understanding that stamp duty on property sales is a state tax, is that right?

If so, the average sale for a house in Mel is say $1M, where in Brus, it's more like $500,000.

So, for every 1% of stamp duty, Vic gov receives $10,000, whereas the Qld gov receives just $5000.

Do you consider this to be fair?

If so, why, and more importantly, what is the difference between this and the royalties distribution?

As I say, it should either be all in or not.