Goods & Service Tax (GST) 19 October 2026
Raise GST, Cut Income Taxes to Boost Australia
The Conversation essay proposes raising Australia’s Goods and Services Tax to 15% while simultaneously reducing personal income tax rates. It argues this dual reform would broaden the tax base, provide a steadier revenue stream, and increase households’ disposable income, offering a more equitable and efficient fiscal framework for the nation.
The Conversation argues Australia should increase the GST to 15% and lower personal income tax rates to create a fairer, more stable tax system.
- Raise GST from 10% to 15% to fund essential services.
- Cut marginal income tax brackets, boosting disposable income.
- Simplify the tax structure and improve equity.
Read the full analysis here.
Need help understanding this update?
Connect with our domain experts instantly via WhatsApp for customized legal guidance.