Tag GST

Beware of Greeks bearing gifts

The economic impact of stamp duty, a study by Deloitte Access Economics for the Property Council of Australia released yesterday, finds Australia’s GDP would increase by $3.3 billion and real consumption by $9.7 billion if conveyancing stamp duty was replaced…

Reform Agenda Machinations

Published as The Planned Obsolescence of the Public Interest in Online Opinion A fascinating power play continues in the debate over vertical fiscal imbalance. The strategic intent is prevalent from federal to local politics, where the health of the public…

OECD’s Housing Concerns

Yesterday’s OECD Economic Survey of Australia pinpointed key areas of risk.   As Philip Soos and Paul Egan showed today in their 21 chart pack, Australia’s land bubble and accommodating credit cycle opens the economy to incredible risk. But the…

GST Inequity Obvious

Letters to the Editor As published in the AFR April 7th It is absurd to say switching from income tax to GST improves work incentives. Consumption equals income minus savings. A 20% GST is much the same as a 20%…