WA and its share of the GST pie. China’s hopes for reserve currency status. The payment system gets an upgrade. - podcast episode cover

WA and its share of the GST pie. China’s hopes for reserve currency status. The payment system gets an upgrade.

Jun 15, 202329 min
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Episode description

How does Canberra distribute revenue from the Goods and Services Tax  and is it fair? The U.S dollar has long been the dominant currency for world trade but can China change that? The system behind how Australians pay for everything is about to be modernised.

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WA and its share of the GST pie. China’s hopes for reserve currency status. The payment system gets an upgrade. | The Economy, Stupid podcast - Listen or read transcript on Metacast