Overview of payments to the States
The States receive significant financial support from the Commonwealth. In 2007‑08, the Commonwealth provided the States with general revenue assistance, including all GST revenue, of $42.5 billion and payments for specific purposes of $32.0 billion, totalling $74.5 billion, as shown in Table 24. This represents a 9.4 per cent increase compared with 2006‑07.
Table 24: Commonwealth payments to the States, 2007‑08
Chart 1 shows the state shares of total payments from the Commonwealth in 2007‑08.
Chart 1: State shares of Commonwealth Payments, 2007‑08
