Myer chief Paul McClintock says time right to remove GST loophole

 In Australia, Myer, NewZealand
Myer chairman Paul McClintock believes the Coalition government will act quickly to repair Commonwealth-state relations, which had become frayed under the previous administration, as a crucial first step in doing away with the GST exemption on imported goods.
Mr McClintock, who has strong connections in government circles, having previously been a secretary to the cabinet and head of cabinet’s policy unit, reporting directly to former prime minister John Howard, said there was now no barrier to shutting down the loophole that allows goods, mostly bought online, to enter Australia GST-free if they have a value below $1000.  Sydney Morning Herlad – Read more…

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