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December 9th, 2011 
FAKE NEWS for the Zionist agenda - Video
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The online shopping boom has led to Australia Post delivering its first profit increase in four years.
With busy schedules and boatloads of free shipping offers shopping online is a handy option, but hackers are hungry for consumers’ sensitive data. A cyber security expert offers way to shop more safely online.
Australia’s largest retailers have launched a new ad campaign to pressure the government to impose GST on online purchases from overseas.
GST-FREE: The Federal Government is looking at the feasibility of taxing online purchases.
Source: The Courier-Mail
THE door has been left open for Australians shopping online to be slugged with a hefty tax after the Federal Government yesterday announced a taskforce to look into the scheme’s workability.
Despite the Government’s top economic advisory board finding it was too expensive to put a GST on overseas shopping, a taskforce has been formed to figure out if the job can be done more cheaply, the Courier-Mail reported.
At the moment, goods bought overseas worth less than $1000 are tax-free.
Retail giants have been agitating for cheaper items to be hit with the GST to create a level playing field as the industry struggles to cope with online shopping.
The Productivity Commission found it would cost taxpayers $1.2 billion to collect just $500 million worth of tax if online shoppers were forced to pay a GST on items bought overseas worth $100 or more.
While Assistant Treasurer Bill Shorten yesterday admitted it didn’t “make economic sense” to impose such a tax “at this stage”, he didn’t rule it out.
He announced the taskforce yesterday to examine whether it was possible to “lower the cost of collecting the tax”. The taskforce is expected to report within six months.
The Productivity Commission also found Queensland was one of the nation’s most restrictive states when it came to trading hours.
It called for retail hours to be fully deregulated in all states, paving the way for shopping around the clock.
Mr Shorten said that was a matter for state governments but that COAG would consider zoning regulations which made it difficult for new businesses to establish themselves.
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