Summary of proposal: 

The proposal contains the following options, comprising changes to the Goods and Services Tax (GST).

Option 1: Increase the GST rate from 10% to 15%.

Option 2: Increase the GST rate from 10% to 15% and remove GST exemptions on: 

    i. food 

    ii. education 

Summary of proposal: 

The proposal contains the following options, comprising changes to the Goods and Services Tax (GST).

Option 1: Increase the GST rate from 10% to 15%.

Option 2: Increase the GST rate from 10% to 15% and remove GST exemptions on: 

    i. food 

    ii. education 

Summary of proposal: 

The proposal contains the following options, comprising changes to the Goods and Services Tax (GST).

Option 1: Increase the GST rate from 10% to 15%.

Option 2: Increase the GST rate from 10% to 15% and remove GST exemptions on: 

    i. food 

    ii. education 

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal increases the mandatory turnover threshold for GST registration from $75,000 to $250,000 for businesses and non-profit organisations.

The policy would start 1 July 2025, and be ongoing.

The proposal would remove the Goods and Services Tax (GST) on residential building materials at the final point of sale.

The exemption would not include renovations and additions, and the Commonwealth would compensate states and territories for any decrease in GST revenue.

The policy would commence on 1 January 2025 and conclude after 5 years.