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RBA Glossary definition for GST
GST – Goods and Services Tax
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Submission for the Review of Retail Payments Regulation
11 Feb 2020
DOCX
33KB
35c on a $1000 purchase is negligible, but 35c on a $4 purchase is nearly 9% - nearly 10% with GST, unjustifiably high in my opinion.
https://www.rba.gov.au/payments-and-infrastructure/submissions/review-of-retail-payments-regulation/liron-lightwood.DOCX