QLD goes from ‘leaner to lifter’ on GST

Tuesday 24 March 2026

Queensland received the largest dollar increase in GST in 2026–27: $2.45 billion, or $423 per person.

Even so, Treasurer David Janetzki claims Queensland is being unfairly penalised in the GST carve‑up because it actively develops gas resources.

States like Victoria and NSW, which have banned or restricted gas exploration, are treated by the Commonwealth Grants Commission (CGC) as having no capacity to raise gas royalties.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.