Skynews’s financial show host, financial expert Peter Switzer, if he does not consider Australia’s bipartisan politics, he will call for and promote Australia’s goods and services tax. Peter Switzer said that our neighbor New Zealand, their GST has increased to 15%, but this has not affected their economy.
He said that if Australia does not get the consensus between the two parties, we cannot see that the GST tax rate will be increased from the current 10% to 15%. Peter Switzer said that we should sit down and put aside politics and debate Australia’s GST tax rate vigorously. He also suggested that when we carry out GST tax reform, we should also consider the abolition of wage taxes and property stamp taxes in each state.
