An increased GST would cost the poorest 20 per cent of households, over 20 per cent of their disposable income compared to only 8.8 per cent for the richest households.
Unfortunately this is doubly true for Tasmania because it has a disproportionately high share of low income households.
Average incomes in Tasmania are $8,500 dollars less than in New South Wales, making Malcolm Turnbull’s 15% GST doubly unfair for Tasmanians.
Independent Parliamentary Budget Office modelling confirms a 15% GST on everything will make all Australians pay:
- At least $10 billion every year more for fresh food,
- At least $7.4 billion every year more for school fees and education, and
- At least $9.6 billion every year more for healthcare; visiting the doctor.
Malcolm Turnbull’s plans to increase and broaden the GST will make everything more expensive and leave Tasmanian families worse off.
A 15% GST will cost the average Tasmanian household an additional $6,200 every year.
There is a clear choice between Labor and Liberal for Tasmanians.
Labor opposes Malcolm Turnbull’s 15% GST which will push up the price of everything.
THURSDAY, 10 DECEMBER 2015
MEDIA CONTACT: LEADER’S OFFICE MEDIA UNIT 02 6277 4053
