Brind.
  1. Scott Morrison negotiated a 2018 GST deal for Western Australia, which was subsequently rebuked by the Productivity Commission.

Politicians Debate GST Rate and Western Australia Tax Deal

3 reports, 1 independent Updated Oct 18
Gone quiet Reached 3 outlets in its first 24 hours
Reports
3
Developments
2
Repetition
67%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Josh Frydenberg urged a GST increase, while Angus Taylor called for the scrapping of the contentious Western Australia GST deal. The Grattan Institute suggested raising the GST rate from 10 per cent to 15 per cent and including all food items to address national debt.

From armidaleexpress.com.au

Why it matters

Some supportBrind's analysis of the reports

The Grattan Institute report stated that a GST overhaul could generate $76 billion per year. This revenue could potentially fund tax cuts for low-and-middle-income earners and increase welfare payments, such as JobSeeker and rent assistance.

Scott Morrison negotiated a GST deal for Western Australia in 2018, a deal that was later criticized by the Productivity Commission.

From armidaleexpress.com.au

Who's involved

  • Josh FrydenbergAustralian politician who urged a GST rate increase.
  • Angus TaylorAustralian politician who called for the scrapping of the Western Australia GST deal.
  • Western AustraliaState of Australia whose GST deal is currently being debated.
  • Australian GovernmentFederal government whose fiscal strategy is challenged by the debate.

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • Western AustraliaSpeculative

    Western Australia might see its guaranteed minimum revenue share threatened if the contentious GST deal is scrapped.

  • Australian GovernmentSpeculative

    The Australian Government could face challenges to its federal fiscal strategy and national debt management.

  • Reserve Bank of AustraliaSpeculative

    The Reserve Bank of Australia may see changes in national inflation and fiscal stability targets due to proposed tax changes.

How it developed

Newest first. Tap a step to see who reported it.
  1. The Grattan Institute's policy suggestions and the impact of GST increases on Foxtel were discussed in relation to political views.Sub-event
  2. Taylor called for scrapping the contentious WA GST deal, while Frydenberg urged a GST increase.1 source

Keep exploring

Part of

Scott Morrison negotiated a 2018 GST deal for Western Australia, which was subsequently rebuked by the Productivity Commission. All 2 developments

The entities involved

Coverage

Newest first; wire copies grouped
2 more outlets ran the same wire story