Queensland to take $400m GST hit in 2018-19

Queensland will take a $400 million hit to its share of GST revenue next financial year in a move that will deliver more to other states.

Treasurer Jackie Trad was briefed by federal Treasurer Scott Morrison alongside her state and federal counterparts in Melbourne on Thursday.

Ms Trad said the 2018-19 cut was significant to the state's budget, but acknowledged it was not unusual for GST revenue to change.

"Queensland has been on both sides of the equation over time, as both a donor state and a recipient," she said.

Meanwhile, the Productivity Commission is due to release its review into the way GST is distributed among the states and territories next month.

Under a draft proposed scheme Queenslanders would lose $1.6 billion every single year, a formula Ms Trad has previously labelled a "rip-off" rather than a redistribution.

She has also warned the number of the state's teachers, police and nurses could be slashed if the proposed reduction goes ahead.

AAP