Arjay's on the money, a financial transaction tax. Not just on the traders, but everyone.

We should do away with income and company taxes, along with the GST and just have a flat tax of 2%, $20 per $1000 for all other transactions then adjust the rate according to need for trades etc.

Why won't anyone go there!

I could sure use the extra $40 odd K a year, not to mention the reduced work load, all unpaid of cause.

At least one of those posting does not understand the purpose of a federation. In the USA, some states get $2 back for every dollar of federal taxes collected in that state. Several of the or more prosperous states gets only about 6o cents per dollar collected.

In every federation, in particular periods of stress such as after major storm events, all states and citizens help out.

In Australia citizens in high population states contribute more numbers to the defense effort, particularly in times of actual warfare. For that reason there is a fairly persuasive argument that the resources of Australia are held by states on behalf of all Australians.
This is the problem of the Euro zone. It is a monetary union without a proper federation. The previous sovereign countries still act as though their situation has not changed.

Aidan, Foyle, the Labor South Australian governments have made the exploitation of it's uranium impossible, just to buy a few green votes. It continually demands productive irrigation water be bought from irrigators in working states, & let run down stream to fill their artificial water sport lake with fresh water, where nature filled it with salt.

Tasmania has prevented the exploitation of it's timber for both sawn timber & paper production. It has refused to harvest it's water, & produce the cheap power that could have kept smelters in business, & develop other industry.

None of this is nature at work, or bad luck, it is sheer bloody mindedness by the green blob, & those who depend on their vote to be elected.

Given that they chose not to earn their own living, I fail to see any justification for them to receive a living from the hard work of others. This is simply the entitlement mentality we see with dole bludgers carried to a ridiculous level of state bludgers.

Still it matters not why Queensland & WAs GST is diverted to these failures, the fact is that's what happens. Any government in either state would have rocks in it's head, if it agreed to an increase in GST. It will simply take more money out of these economies, gifting it to the failures, at a time when their own mining income is diminishing.

Yes a Turnbull idea, showing just how like the ratbag Rudd he is. We can already see the catastrophe looming, with a lefty twit as Liberal leader. The Muslim take over is looking more inviting every day.

Turnbull is a smiling assassin, I knew he couldn't be trusted.

Now I notice the cost of generic drugs will increase from Jan 1 as paracetamol is set to be taken off the PBS.

I suppose we should be thankful of the TPP for that.

State or Territory Share if GST were distributed on an equal per-capita basis 2014–15 relativity 2014–15 actual GST share after adjusting by the relativity.

NSW 32.00% 0.975 31.20%
VIC 24.92% 0.88282 22.00%
QLD 20.30% 1.07876 21.90%
WA 11.16% 0.37627 4.20%
SA 7.14% 1.28803 9.20%
TAS 2.20% 1.63485 3.60%
ACT 1.62% 1.23600 2.00%
NT 1.04% 5.66061 5.90%

Source: Parliamentary Lbrary estimates based on Australian Government, Federal financial relations: budget paper no. 3 2014–15, Table 3.7.

Western Australia’s above average revenue raising capacity drives its fiscal strength … The relatively low fiscal capacities of South Australia, Tasmania and the ACT stem mostly from below average capacities to raise revenue while Queensland and the Northern Territory face very high costs of providing services.

Hasbeen,
"Foyle, the Labor South Australian governments have made the exploitation of it's uranium impossible, just to buy a few green votes."
That accusation is baseless!

As for the Lower Lakes, for seasonal fluctuations the storage capacity is more than the normal seasonal flow fluctuations – it's only due to the combination of prolonged droughts and greatly expanded irrigation that there's a problem. Of course with hindsight we can say it was a big mistake not to keep them as salt water. But the ecosystem has adapted to fresh water.

Tasmania's restrictions on timber harvesting are the result of timber industry mismanagement. And though one environmentally devastating dam proposal was blocked in the 1980s (by the FEDERAL government), Tasmania does not refuse to harvest its water. But even in Tasmania, the amount of rainfall is limited and droughts do occur. I wasn't aware its smelters had gone, though.

"Given that they chose not to earn their own living, I fail to see any justification for them to receive a living from the hard work of others. This is simply the entitlement mentality we see with dole bludgers carried to a ridiculous level of state bludgers."
Typical privileged whinger! At both state and individual level you misinterpret genuine problems obtaining work as a refusal to work. You fail to understand that current recipients are likely to be future contributors! The rest of Australia was subsidising WA for most of the 20th century.

"ny government in either state would have rocks in it's head, if it agreed to an increase in GST."
That much is true. If GST is increased, the Commonwealth will cut other payments to the states, and ultimately they'd be no better off.