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.
Sections
Key People
Level 4, 73 Northbourne Avenue, City ACT 2601
Further information
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Type of Body
A. Non Corporate Commonwealth Entity
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GFS Sector Classification
GGS
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Established By / Under
Act / Regulation
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Established By/Under More info
Commonwealth Grants Commission Act 1973
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Annual Report Prepared and tabled?
Yes
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Classification
A. Principal
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GFS Function / Sector Reported
GGS
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Materiality
Small
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PS Act Body
Yes - Operate with some Independence
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Auditor
ANAO
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Creation Date
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Postal Address
GPO Box 1899, Canberra City ACT 2601
Last updated: