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

Melbourne2

Melbourne’s urban expansion strains infrastructure

Data released last month from the Australian Bureau of Statistics revealed Melbourne’s population growth is continuing to soar. Shannon Schubert reports on […]

Find Job

Youth underemployment at its highest in 40 years

A report released by The Brotherhood of St Laurence in March found that youth underemployment is at a 40 year high. Reporter […]

youth voice 2

Victorian Youth Summit: young voices cry for change

Around 400 young people attended the Victorian Parliament’s inaugural Youth Summit at Melbourne’s MCG on Friday.  Panorama reporters Alain Nygugen and Dona Malaish caught the passionate […]