Malcolm Turnbull’s guarantee that Tasmania will not be worse off with impending changes to be made to how the GST is distributed is now in tatters.

Today independent economist, Saul Eslake, stated that Tasmania’s share of the GST could mean the state is set to lose around $500 million under the new reported distribution arrangements.

This would make an absolute mockery of the Prime Minister’s guarantee he made to Tasmanians in May of this year that we will not be worse off under a revised GST distribution system.

The Prime Minister’s fake guarantee is an insult to all Tasmanians.