Commonwealth Grants Commission
The Commonwealth Grants Commission recommends how the revenues raised from the Goods and Services Tax (GST) should be distributed to the States and Territories to achieve horizontal fiscal equalisation (HFE). It is an independent statutory body which responds to terms of reference sent to it by the Commonwealth Treasurer. It makes its recommendations in consultation with the States and Territories and based on data provided by them and independent statistical sources.
Type of Body
A. Non Corporate Commonwealth Entity
GFS Sector Classification
Established By / Under
Act / Regulation
Established By/Under More info
Commonwealth Grants Commission Act 1973
Annual Report Prepared and tabled?
GFS Function / Sector Reported
Other Economic Affairs
PS Act Body
Yes - Operate with some Independence
30 May 1933