GST rise preferable to stamp duty, finds survey

THE property industry has called for GST to be taken out of the political "too-hard basket" after a survey showed 72% of people believed a rise was inevitable in the next 20 years.

A survey for the Property Council of Australia also showed most of almost 2000 people surveyed thought it was a "fair tax".

However, housing affordability remained the biggest concern for 86% of respondents and 54% of those surveyed said stamp duty was a major barrier to buying a home.

As the Abbott Government considers tax reform, PCA chief Ken Morrison said the survey showed people understood the need for tax reform, despite the perception it was "political poison" and respondents backed a GST rise to replace taxes such as stamp duty.



Sunday's knee jerk reaction: Coffs Coast weekend sport

Sunday's knee jerk reaction: Coffs Coast weekend sport

Get the weekend scores and find what was good, bad and ugly in sport

Ky on a winning high at Aussies

Ky on a winning high at Aussies

Kinsela part of big victory at Australian Surf Life Saving Champs.

Tourism awards back on Coffs Coast

Tourism awards back on Coffs Coast

Opal Cove will host the North Coast Tourism Awards on July 25

Local Partners