Document ID: chunk:federal_register_of_legislation:F2020N00118:reg:5
Version: federal_register_of_legislation:F2020N00118
Segment Type: reg
Provision Reference: reg 5
Character Range: 2043–3174

5  GST revenue for the 2019‑20 payment year
  The GST revenue for the 2019-20 payment year is $60,235,919,048.27.
Note 1: The GST revenue has been calculated in accordance with subsection 6(2) of the Act using the amounts determined under section 6 of this instrument.
Note 2: Under subsection 5(1) of the Act, each State is entitled to a payment, by way of financial assistance, for a payment year, of a portion of the GST revenue determined for that payment year. Each State's entitlement is calculated in accordance with the formula in subsection 5(1). Applying that formula, each State's entitlement for 2019-20 is as follows:

State                         Portion of 2019-20 GST revenue
New South Wales               $16,723,160,952.33
Victoria                      $15,453,396,666.01
Queensland                    $12,780,032,701.49
Western Australia             $3,234,686,989.59
South Australia               $6,095,382,651.27
Tasmania                      $2,229,190,069.41
Australian Capital Territory  $1,250,629,227.32
Northern Territory            $2,469,439,790.85
Total                         $60,235,919,048.27