Goods and services tax (GST)

In yet another policy continuity with Tony Abbott, Prime Minister Malcolm Turnbull is considering raising the goods and services tax (GST). Once again, this shows the government acting in the interests of big corporations and the super rich against the interests of ordinary people. The simple truth is that the GST is an unfair tax. Poor people pay a higher proportion of their income in GST than rich people.
When it was revealed last month that Malcolm Turnbull has significant investments in the Caribbean tax haven of the Cayman Islands, I'll admit I felt some relief. At least our prime minister appeared committed to helping someone's economy, even if It was just a banking system once described by Barack Obama as “the biggest tax scam on record”.
The neoliberal agenda for the Council of Australian Governments (COAG) meeting in Sydney on July 23 was set by NSW Premier Mike Baird, who proposed increasing the GST from its present 10% to 15%. Baird wants the extra funds to be primarily used to fund health services, which account for almost 30% of state budgets, including spending on hospitals of about 20%. What he neglected to say was that under his mate Tony Abbott’s federal government, spending has been drastically reduced on health along with education. The total reduction across both areas is about $80 billion.
Update: All the Malaysian anti-GST protesters who were detained on Monday have now been released on RM3,000 bail. They are to appear in court again on May 14. Thanks for all the protest letters! Police used excessive force in the recent crackdown on protesters against the Goods and Services Tax (GST), which is scheduled to be implemented on April 1.
Prime Minister Tony Abbott has indicated his government plans to increase the Goods and Services Tax (GST). Before last year’s election, Abbott promised the Australian people that “the GST won't change, full stop, end of story”. But on October 27, he called for a “mature debate” on the topic, making it clear his government intends to increase GST revenue.
Federal independent MPs, Tony Windsor and Rob Oakeshott, have put pressure on the Julia Gillard's government to raise the Goods and Services Tax (GST) and to slash so called “middle class welfare” entitlements.