Retailers: GST on Overseas Sales

Retailers want to put a tax on overseas spending.
New research has shown half of all Australians now shop online overseas.

Retailers have approached the Federal Government to wind back the GST threshold on overseas goods from $1000 to $400 or even abolish the limit altogether.

The push will target independents holding the balance of power in Federal Parliament.

Australian Retailers Association chief executive Russell Government said the Federal Government stood to reap at least $600 million if it adopted the measure.

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