Online Shopping In Australia And Wishlists Causing Traditional Retailers Problems
The Australian retail worker’s union is backing a call being made by major department stores for the goods and services tax to be levied on all imports.
The Shop, Distributive and Allied Employees Association – which represents 230,000 retail workers says that the current tax structure means that traditional retailers have to compete on an uneven playing field.
Consumers who make purchases worth less than $1,000 from overseas are exempt from paying GST. As a result, Australian retailers are lobbying the government to remove the threshold as they face intense competition from online stores based overseas.
”The government should impose a GST on all overseas purchases. This would mean all goods purchased in Australia, whether from Australian or overseas suppliers, would be subject to the same tax regime,” says the submission.