Articles with tag gst-threshold

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GST battle is just 10% of the online retailing picture

The question of imposing GST on online retail sales from overseas websites has periodically made its way into headlines in recent years and it has once again in recent weeks. So does the GST-threshold really need to be lowered?

Posted Fri 06/12/2013 12:00:00 / Read More »

Decision on GST changes remain on hold for Christmas leaving retailers disappoin

The decision to close the GST loophole on imported goods valued at less than $1000 has not been made; instead has been delayed until March next year.

Posted Thu 28/11/2013 12:00:00 / Read More »

Federal government to 'spring clean' Australian tax system

The federal government has announced it aims to restore "integrity" into the Australian tax system by looking at the backlog of unresolved tax reforms, including the GST threshold.

Posted Fri 08/11/2013 12:00:00 / Read More »

Landlords demand for a fair go reigniting GST argument

Shopping Centre Council of Australian chairman Steven Sewell has urged the federal government to reduce the $1,000 GST low value threshold on imported goods.

Posted Wed 09/10/2013 12:00:00 / Read More »

Tony Abbott announces new ministry, Bruce Billson to head Small Business

Bruce Billson has been elected Minister of Small Business as part of Tony Abbott's unveiling of the new federal cabinet.

Posted Tue 17/09/2013 12:00:00 / Read More »

Coles, Woolworths: Lowered GST threshold is not the solution

Both Coles' Ian McLeod and Woolworth's Tjeerd Jegen have made clear that they do not believe lowering the GST threshold is the key to improving retail competitiveness.

Posted Wed 19/06/2013 12:00:00 / Read More »

Retailers fear impact of IPC increase

Last week's federal budget left many retailers disappointed but digging further, the government has decided to increase the Import Processing Charge.

Posted Tue 21/05/2013 12:00:00 / Read More »

Retailers urge govt to follow in U.S footsteps

The Australian Retailers Association is urging the Australian government to follow the US Senate's step on collecting tax on internet purchases.

Posted Wed 24/04/2013 12:00:00 / Read More »

Australian retailers call for political support

The Australian Traders Group has called on all side of politics to support Australian retailers.

Posted Fri 05/04/2013 12:00:00 / Read More »

GST changes won't stop online shopping

According to new research, changes to GST levels will not effect shopping habits

Posted Wed 23/01/2013 12:00:00 / Read More »

Working group to look into GST

Following a meeting between all the State Treasurers, a working group will be established to complete the work on lowering the low value threshold.

Posted Tue 18/12/2012 12:00:00 / Read More »

Govt progresses to cut GST

Retailers have welcomed the Gillard Government's decision to implement recommendations made by the LVT Processing Taskforce to reduce the $1000 GST threshold.

Posted Tue 04/12/2012 12:00:00 / Read More »

Retailers welcome GST plans

Plans for the state government to lower the GST has been welcomed by the ARA.

Posted Fri 09/11/2012 12:00:00 / Read More »

Low value import parcels: Change needed

The Federal Government has publicly released the final report of the Low Value Parcel Processing Taskforce, which suggested any streamlining of the processes involved in the handling of low value imported parcels would require significant change.

Posted Fri 07/09/2012 12:00:00 / Read More »

Retail trade back down 0.1%

Following a 0.1 per cent rise in November 2011, the ABS has reported that retail trade figures for December, the most crucial month of trading, fell 0.1 per cent.

Posted Mon 06/02/2012 12:00:00 / Read More »

Harvey Norman MD criticises govt "loophole"

Harvey Norman's managing director has criticised the Federal Government for “not closing the tax loophole” that allows consumers to purchase goods from overseas valued under $1000, without paying GST.

Posted Tue 17/01/2012 12:00:00 / Read More »

It's not so much about tax, report says

The Productivity Commission has made it clear that the current level of the LVT only plays a minor in how retailers are competitively disadvantaged.

Posted Tue 13/12/2011 12:00:00 / Read More »

Tax summit: Retailers demand GST changes

ANRA CEO Margy Osmond said if the government is serious about reform, lowering the threshold to $100 and enable retailers to compete on the global should be a key.

Posted Tue 04/10/2011 12:00:00 / Read More »

Reforms needed, Productivity Commission says

The draft report - Economic Structure and Performance of the Australian Retail Industry - examines the implications of globalisation for the retail industry and the appropriateness of current policy settings.

Posted Fri 05/08/2011 12:00:00 / Read More »

Govt can afford GST cut on imports

Documents released under FOI revealed that the government was planning to lower the GST importation threshold for overseas purchases from $1000 to $500 in October 2010.

Posted Wed 20/07/2011 12:00:00 / Read More »

Fair Imports Alliance has its final say

The Fair Imports Alliance has called for the removal of the $1000 GST threshold as part of its submission to the Productivity Commission's inquiry into the retail sector

Posted Mon 23/05/2011 12:00:00 / Read More »

Customs shows its cards

This comes after the Alliance had earlier criticised Customs for withholding the report ahead of deadline for submissions to the Productivity Commissions inquiry into the retail industry.

Posted Thu 19/05/2011 12:00:00 / Read More »

Retailers sceptical about Customs

he Fair Imports Alliance is outraged that Customs is withholding a reporting containing the results of a three month crackdown in import rorts.

Posted Tue 17/05/2011 12:00:00 / Read More »

Discussion raises questions

Opinions were shared and questions were raised during a discussion that was held by the NRA to address the need to close the GST loophole.

Posted Fri 13/05/2011 12:00:00 / Read More »

Trade union backs up retailers

Retail trade union SDA has backed up retailers in their call for reducing the $1000 GST import threshold in its submission to the Productivity Commission’s inquiry into the retail sector.

Posted Mon 09/05/2011 12:00:00 / Read More »

No proof, Fair Imports Alliance says

The Fair Imports Alliance has received written admission from the Customs and Border Protection Service that there is no proof to back-up that if the GST threshold was lowered, it would be economically and administratively unfeasible for the government.

Posted Mon 09/05/2011 12:00:00 / Read More »

Harvey Norman launches daily deal site

Still retaining the Harvey Norman trademark logo and colours, harveynormanbigbuys.com.au steers away from the chain’s traditional offering of electronics and furniture goods.

Posted Fri 08/04/2011 12:00:00 / Read More »

Inquiry addresses retailer's GST queries

The Productivity Commission, has released an issues paper to assist those preparing submissions into the public inquiry of the Australian retail industry's economic structure and performance.

Posted Fri 01/04/2011 12:00:00 / Read More »

Harvey Norman gives into online pressure

Chairman Gerry Harvey of Harvey Norman has confirmed that the company will launch an online store in the next 12 months.

Posted Thu 31/03/2011 12:00:00 / Read More »

Myer follows through on threat

Having previously made threats to launch a China-based retail website Myer has gone live with an experimental offshore online shopping site, myfind.com.

Posted Tue 01/03/2011 12:00:00 / Read More »

NBN to help online retailing

Communications Minister Stephen Conroy has called on Australian retailers to embrace the government’s NBN, which he believes is the "part of the solution" to reducing the gap between Australian retailers and its overseas counterparts in online retailing

Posted Mon 21/02/2011 12:00:00 / Read More »

Consultation needed, Alliance says

The Fair Imports Alliance has raised concerns that the Customs and Border Protection Service's compliance campaign to crackdown on businesses and individuals rorting the importation regulations is lacking industry consultation regarding process.

Posted Wed 16/02/2011 12:00:00 / Read More »

Round one: retail inquiry

The first rounds of submissions are being called for by the Productivity Commission as it prepares to undertake a public inquiry into the economic structure and performance of the retail.

Posted Mon 14/02/2011 12:00:00 / Read More »

Quit now, retail group urges

The Fair Imports Alliance, which represents a collation of retail and wholesale industry associations, has called for an end to the big retailers’ GST campaign.

Posted Wed 19/01/2011 12:00:00 / Read More »

GST-free weekend on eStore.com.au

In response to the escalating row over imposing GST on international online sales, independent online IT retailer estore.com.au offered customers a GST-free weekend on goods.

Posted Fri 14/01/2011 12:00:00 / Read More »

Growth in retail sales is not enough

Released on Monday, figures revealed that Australian retail turnover rose 0.3 per cent in November 2010, seasonally adjusted, following a revised fall of 0.8 per cent last October.

Posted Tue 11/01/2011 12:00:00 / Read More »

NRA joins retail coalition bandwagon

Representing 3,700 retailers, the group joins the Australian retail giants including Myer, David Jones and Harvey Norman in a national campaign to pressure the federal government to level the retail playing field by closing the GST and duty loophole.

Posted Mon 10/01/2011 12:00:00 / Read More »

Small players laugh at retail giants

Independent senator for South Australia Nick Xenephon has told Retailbiz those being hurt most in the GST advertising campaign are small businesses.

Posted Thu 06/01/2011 12:00:00 / Read More »

GST is not to blame

Assistant treasurer Bill Shorten believes Australian retailers are exaggerating that the low value threshold on imported goods is responsible for the tough Christmas period.

Posted Wed 05/01/2011 12:00:00 / Read More »

Aussie retailers demand a fair go

Myer, David Jones, Harvey Norman, Borders and Target are among those forming a coalition and declaring war against international online retailers.

Posted Tue 04/01/2011 12:00:00 / Read More »

ARA wants equal level playing field

The ARA has welcomed the Productivity Commission’s Future of Australian Retail Inquiry and the government’s approach to evidence based policy.

Posted Tue 21/12/2010 12:00:00 / Read More »

Inquiry into online retailing to begin

With more local retailers finding it tough to compete against international competitors in the online realm, the federal government has announced the Productivity Commission will launch an inquiry into the future of Australian retail.

Posted Tue 21/12/2010 12:00:00 / Read More »

Kogan says this is a "hoax"

Ruslan Kogan from Kogan Technologies is calling out Gerry Harvey and Bernie Brookes on their bluff in regards to taking their e-commerce sites offshore to China.

Posted Wed 08/12/2010 12:00:00 / Read More »

The GST debate

Following Gerry Harvey's comments to bring the GST threshold on imported goods down to apply on products worth less than $1000, Choice says it would be "poor policy".

Posted Tue 30/11/2010 12:00:00 / Read More »

ARA urges for GST threshold review

Based on a Frost & Sullivan report, it is estimated that Australian consumers will spend in excess of $12 billion dollars online this year and almost half of that will be spent offshore.

Posted Wed 03/11/2010 12:00:00 / Read More »

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