Western Australian Premier Colin Barnett has reignited the debate over the Good and Services Tax (GST), calling on the Prime Minister to show leadership and consider lifting the tax rate. The Federal Government intends to set up a wide-ranging review of the tax system, but prior to the election Prime Minister Tony Abbott ruled out changes to the GST. Mr Barnett, whose state lost its AAA credit rating on Wednesday, says revenue from the GST is not growing fast enough to fund basic services like health and education. He says while Mr Abbott made a political promise not to lift the GST, he thinks the Prime Minister will have little choice but to address the issue. "One of the tough jobs Tony Abbott is going to have is to step up to the plate, as they say, and take some leadership on the federation. Front and centre in that will be the GST issue." More » |
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