The GST raises less money than it used to, which means less money for States to spend on schools and health services. But simply increasing the GST would hurt those on low-incomes more. There are far better ways to raise funding for essential services, like taxing one of Australia's most profitable (and most damaging) industries. Read more about how Australia could reform the GST: https://australiainstitute.org.au/post/federal-reform-to-gst-would-deliver-significant-revenue-to-tasmania-and-other

42K views · 122 reactions | Australia is about to face one of the biggest GST changes in history, and it's not going to be what everyone expects. www.7NEWS.com.au #7NEWS | 7NEWS Australia | Facebook