Articles on GST

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When details started leaking late Wednesday Malcolm Turnbull quickly declared its proposed model had been rejected. David Mariuz/AAP

Turnbull government says no losers in its new GST carve-up plan

The government's plan released by Treasurer Scott Morrison on Thursday, would ensure the fiscal capacity of all states and territories was "at least the equal of NSW or Victoria, whichever is higher".
Applying the GST to bank products and services would increase costs for consumers but reduce distortion in our economy. Sergio Dionisio/AAP

A better alternative to levying the bank tax

Applying the GST to banking has much sounder economic underpinnings than the current levy, would have raised much more revenue, and would have applied to all banks rather than just the big banks.
Scott Morrison said the Productivity Commission had been asked to inquire into the impact of the current system of horizontal fiscal equalisation. Dan Himbrechts/AAP

GST carve-up to be examined by the Productivity Commission

The government has ordered the Productivity Commission to review how the GST revenue is sliced up.
$2 a day bought me a lacto-ovo-pesco vegetarian style diet (milk, eggs and fish) but with very small quantities of protein foods. Peterfz30/Shutterstock

Lessons from living below the extreme poverty line on $2 a day

Last week I joined 8,500 Australians on the charity challenge to live below the extreme poverty line, spending just $2 a day on food for five days. It was tough and my diet was far from complete.

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