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Australia's GST policy was introduced by the Howard government and went into effect on July 1st, 2000. This GST policy replaced the wholesale sales tax system and other various minor taxes like that of stamp duty and bank account debits tax. In other words, the "goods and services tax is a broad-based tax of 10% on most goods, services and other items sold or consumed in Australia." (http://www.ato.gov.au/) The GST policy affects more than just people in Australia, it affects the economy of the country. Thus, the Australian government had probably implemented this tax for a number of reasons, and a number of benefits...
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