What Would Happen if Australia’s GST Jumped to 15%?
Australia’s Goods and Services Tax has remained at 10% since its introduction in 2000, but from time to time the idea of increasing it surfaces in political and economic debates. Raising the GST to 15% would mark one of the most significant changes to the nation’s tax system in a generation, and its effects would ripple far beyond the Treasury’s balance sheet.
What do most australian invest in?
Australians have long had a reputation for being astute investors, often favouring strategies that balance long-term stability with the potential for steady growth. While individual portfolios vary, several investment choices dominate the landscape, shaped by cultural values, government policy, and economic opportunity.