The Federal Opposition Leader, Kim Beazley, has unveiled the ALP’s GST “rollback” plans, pledging to remove the 10% tax from electricity and gas from 2003.
The GST would also be taken off caravan park residents, women’s sanitary products, funerals, nappies and textbooks. The ALP has also promised to remove the impact of the tax from the emergency relief services of charities.
Beazley says the rollback will cost $2.2 billion over 4 years, but would not put the budget into deficit.
He described the plan as restoring the balance in favour of ordinary, struggling families, particularly those in the bush. It was “cradle to grave” relief, Beazley said.
- Listen to Beazley’s rollback announcement (21m)
