Original article by Katie Walsh
The Australian Financial Review – Page: 7 : 4-Nov-14
PricewaterhouseCoopers believes that Australia’s goods and services tax (GST) regime must be changed. The accounting firm calculated that raising the GST rate to 12.5 per cent and abolishing health, education and food exemptions would increase tax revenue by $A33.5 billion in 2018-19. Prime Minister Tony Abbott wants a debate on the matter but most of the states oppose it
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PRICEWATERHOUSECOOPERS, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIAN COUNCIL OF SOCIAL SERVICE, FAIRFAX MEDIA LIMITED – ASX FXJ, IPSOS AUSTRALIA PTY LTD, AUSTRALIA. DEPT OF THE TREASURY, NEW SOUTH WALES. DEPT OF PREMIER AND CABINET, ORGANISATION FOR ECONOMIC CO-OPERATION AND DEVELOPMENT