Premiers press on despite widespread opposition to GST

Opposition leader Bill Shorten is sticking to his position that Federal Labor will never support increasing the GST, despite South Australian Labor Premier Jay Weatherill’s support for the move. We take a look at the implications of a future GST increase. IMAGE: lu_lu/Flickr

NSW Premier Mike Baird put the GST back on the nation’s agenda today with a new compromise proposal that would see the bulk of extra revenue from a GST hike given to the Federal Government on the condition that the states receive $7bn to fund health and education. This comes after a Newspoll that today revealed most Australians are opposed to raising the GST to 15 per cent as part of a package which includes tax cuts and compensation for low-income earners and welfare recipients.

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