Last week's federal budget left many retailers disappointed but digging further, the government has decided to increase the Import Processing Charge.
The Australian Retailers Association is urging the Australian government to follow the US Senate's step on collecting tax on internet purchases.
The Australian Traders Group has called on all side of politics to support Australian retailers.
According to new research, changes to GST levels will not effect shopping habits
Following a meeting between all the State Treasurers, a working group will be established to complete the work on lowering the low value threshold.
Retailers have welcomed the Gillard Government's decision to implement recommendations made by the LVT Processing Taskforce to reduce the $1000 GST threshold.
Plans for the state government to lower the GST has been welcomed by the ARA.
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.
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.
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.
The Productivity Commission has made it clear that the current level of the LVT only plays a minor in how retailers are competitively disadvantaged.
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.
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.
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.
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
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.
he Fair Imports Alliance is outraged that Customs is withholding a reporting containing the results of a three month crackdown in import rorts.
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.
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.
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.
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.
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.
Chairman Gerry Harvey of Harvey Norman has confirmed that the company will launch an online store in the next 12 months.
Having previously made threats to launch a China-based retail website Myer has gone live with an experimental offshore online shopping site, myfind.com.
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
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.
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.
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.
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.
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.
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.
Independent senator for South Australia Nick Xenephon has told Retailbiz those being hurt most in the GST advertising campaign are small businesses.
Assistant treasurer Bill Shorten believes Australian retailers are exaggerating that the low value threshold on imported goods is responsible for the tough Christmas period.
Myer, David Jones, Harvey Norman, Borders and Target are among those forming a coalition and declaring war against international online retailers.
The ARA has welcomed the Productivity Commission’s Future of Australian Retail Inquiry and the government’s approach to evidence based policy.
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.
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.
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".
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.