The case for a higher GST, and what it could mean for you
Grattan proposes a 15 per cent GST that includes food, with tax cuts and welfare payments to offset the cost.
The Grattan Institute says raising the GST from 10 to 15 per cent and extending it to food could help fund income tax cuts, welfare payments and state services. But both major parties have rejected the proposal, and concerns remain about its impact on households and inflation. SBS Finance Editor Ricardo Gonçalves speaks with Grattan Institute CEO Aruna Sathanapally, then examines the ASX’s rise, global tech selling and China’s growth with George Boubouras of K2 Asset Management.
In…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.