
EU trade deal under threat as GST debate reignites
Trade Minister Don Farrell is campaigning to save the European Union free trade deal, which would eliminate tariffs on Australian seafood exports including kingfish, prawns and abalone. Coalition leaders are threatening to block the deal in Parliament, claiming it disadvantages dairy, cattle and sheep farmers, though some backbenchers support it for its projected $10 billion annual GDP boost. Separately, the Grattan Institute has proposed increasing the GST from 10% to 15% to generate $76 billion in revenue, a plan rejected by major parties despite support from former Liberal Treasurer Josh…
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