AAP General News (Australia)
08-04-2011
QLD:Online sales just part of problem: Swan
Treasurer WAYNE SWAN says online international sales are just part of the problem for
Australia's retail sector.
Feeling the bite from the rise of online shopping, retailers have called on the federal
government to apply the goods and services tax and import duties on all goods bought overseas
online.
But the Productivity Commission report out today says while there are strong grounds
for lowering the tax-free threshold on online purchases from overseas, it does not recommend
scrapping it altogether
Mr SWAN says while the issue is complex, only a small portion of expenditure is going
into international internet sales.
AAP RTV crh/wz
KEYWORD: RETAIL SWAN (BRISBANE)
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