Original article by Jacob Greber, Ben Potter
The Australian Financial Review – Page: 1 & 8 : 24-Sep-15

Former Victorian premier John Brumby has told the AFR Tax Reform Summit that goods and services tax reform will occur eventually. He has proposed lifting the GST to 15 per cent and broadening its scope. Brumby estimates that this would increase tax revenue by $A40bn, which could be used to finance income tax cuts, a reduction in the corporate tax rate and compensation for people on low incomes. However, he says any push to apply the GST to fresh food is likely to be rejected by the Senate.

CORPORATES
AUSTRALIAN LABOR PARTY, ACTU, SOUTH AUSTRALIA. DEPT OF THE PREMIER AND CABINET, RIO TINTO LIMITED – ASX RIO, BUSINESS COUNCIL OF AUSTRALIA, GRATTAN INSTITUTE, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN CAPITAL TERRITORY. DEPT OF THE CHIEF MINISTER