GST rise good if done right

Monday 2 November 2015

The prospects of an increase or broadening of the GST have risen after the Labor-held states indicated that they would support the move if the Turnbull Government secures an election mandate. From The Canberra Times:

Victoria’s Daniel Andrews and Queensland’s Annastacia Palaszczuk have publicly stated their opposition to a GST rise from 10 per cent to 15 per cent and instead proposed a rise in the Medicare levy.

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.