Dutton’s $7.5b GST idea a budget blower

Original article by Phillip Coorey
The Australian Financial Review – Page: 4 : 23-Aug-18

Prime Minister Malcolm Turnbull and Treasurer Scott Morrison have criticised a proposal by Peter Dutton to reduce the cost of electricity by exempting household power bills from the goods and services tax. Turnbull has warned that the states would have to be compensated for loss of GST revenue, while Morrison says it would result in a Budget blowout. Dutton has also proposed royal commissions into the electricity and fuel sectors, as well a reduction in Australia’s annual migrant intake.

CORPORATES
AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIAN LABOR PARTY

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