Document ID: chunk:federal_register_of_legislation:F2023N00467:reg:5
Version: federal_register_of_legislation:F2023N00467
Segment Type: reg
Provision Reference: reg 5
Character Range: 2058–3275

5  GST revenue for the 2022-23 payment year
  The GST revenue for the 2022-23 payment year is $81,332,134,907.35.
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 as well as a portion of the pool top-up. Each State's entitlement is calculated in accordance with the formula in subsection 5(1). Applying that formula, each State's entitlement to the GST revenue (ignoring the pool top-up) for 2022-23 is as follows:

State                         Portion of 2022-23 GST revenue
New South Wales               $24,255,340,132.40
Victoria                      $17,826,695,841.92
Queensland                    $17,218,281,131.17
Western Australia             $6,124,442,467.13
South Australia               $7,294,396,702.63
Tasmania                      $3,281,163,753.20
Australian Capital Territory  $1,559,223,791.52
Northern Territory            $3,772,591,087.38
Total                         $81,332,134,907.35