House debates
Thursday, 12 November 2015
Questions without Notice
Goods and Services Tax
2:40 pm
Mr Tony Burke (Watson, Australian Labor Party, Shadow Minister for Finance) Share this | Hansard source
My question is to the Treasurer and goes to the detail of his last answer. A part-time retail worker will earn in the order of $18,000 a year and therefore pay no income tax. Given that there is no longer a wholesale sales tax to abolish and that wages of this order attract no income tax, what mechanisms would be available to the government to compensate workers in this position were they to increase the GST to 15 per cent?
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