Women's World Cup 2023: 25 great images from Australia and New Zealand
Women's World Cup 2023: 25 great images from Australia and New Zealand A call for Australians to be slapped with an increase in the goods and services tax in the midst of a cost-of-living crisis has been promptly rejected. Treasurer Jim Chalmers slammed the door shut on the proposal from the Business Council of Australia included in the group’s Seize the Moment report. “We don’t have any plans or intention to change the rate of the GST,” he told reporters in Canberra on Monday. “When it comes to tax reform, we made it very clear … across two budgets, we think the most fertile ground for tax reform is multinationals, high balance superannuation, compliance, cigarettes and the petroleum rent resource tax legislation (PRRT).” The BCA report called for the government to undertake a wholesale review of the tax system, and said indirect taxes, such as the GST, should do more heavy lifting. Stamp duty should also be abolished in favour of land tax and a more competitive company tax rate...