Profile20Picture2028129_0.jpg

SYN 90.7

The Future Cost of Online Shopping

Many Australian retailers have been shutting up shop in a failure to compete with the online shopping phenomenon, but they may finally have something to smile about. This week, the Australian Government announced it will consider lowering the tax-free threshold for products purchased online by March, 2014. The proposal comes after a meeting in Canberra between state and territory treasury officials on Wednesday, November 27. The officials met with Federal Treasurer Joe Hockey to discuss the nation’s options for changing the current system, which Aussie retailers say is unfair. Rather than only taxing goods purchased from online overseas retailers and worth more than $1,000, the Australian tax-free threshold could soon be reduced to items valued at $20 or more. Have a listen to Emma Watson’s report to find out more.

More by Panorama

lidia thorpe

Greens win Northcote by-election

The Greens have taken the state seat of Northcote in a recent by-election, beating the Labor party in an electorate they’ve held […]

google

Voice activated artificial intelligence fears

“Hey Siri, should we be worried about the rise of AI, especially when it’s being used in our homes?” Companies like Google […]

schoolies

Out of school and on the loose: It’s Schoolies time

Schoolies is a time honoured tradition for young Australians fresh from exams to blow off some steam and hit the beach. While […]