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International Investing / Australia (All-Ordinaries)

URL:  https://boards.fool.com/look-you-aint-wrong-imo-howards-gst-has-really-16959623.aspx

Subject:  Re: Petrol Rip-off....No Way Date:  3/26/2002  8:49 PM
Author:  harmy Number:  3955 of 6186


Look you aint wrong IMO ,Howards GST has really benefitted from the rise in oil prices since it was brought in & yes the higher the price the more income for the gov, but I'd be real surprised if a Labour Gov ever changes back to the old system, fat chance.


JR
You're stuck with it !! It's far too costly and disruptive to change back now. It's not a bad tax overall providing the politicians don't keep raising it as they did in NZ.
Regards
Harmy

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