PRIME Minister Malcolm Turnbull will today announce a $189 million funding boost for WA hospitals to compensate for the State’s languishing GST share as he launches a pre-Budget spending blitz aimed at shoring up support among WA voters.
Mr Turnbull, who arrives in Perth this afternoon, said the $189 million top-up payment, to be included in next month’s Federal Budget, would take this year’s GST share for the State from 47¢ in the dollar to an effective 50¢.
“I am ensuring that the people of Western Australia get their fair share,” Mr Turnbull said.
The extra money will be directed to three projects, with $158 million going to Joondalup Health Campus, $10.6 million for the Osborne Park Hospital expansion and $20.3 million for refurbishing Royal Perth Hospital.
The latest Budget top-up takes the total compensation payments made to the State over the past four years to $1.4 billion, and comes after three consecutive years of WA’s share falling below 35¢ in the dollar.
WA is on track to receive $1 billion more in GST revenue in 2018-19 than last year, after the State’s relativity payment jumped from 34¢ to 47¢.