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Location : Wasted Space Job/hobbies : Cayman Islands Actuary
| Subject: OZschwitz: Goods and services tax pushes Myer online to China Fri Dec 03, 2010 2:51 am | |
| Myer is working on an international retailing website that will sell goods to Australian customers, shipping them from a warehouse in Shenzhen in southern China to avoid the GST and make Myer more competitive.
At a business lunch in Melbourne today, Myer chief executive Bernie Brookes said the company was working on the website, which would be up and running in February.
Mr Brookes said the company was creating the new site out of frustration over a lack of action from the federal government over GST-free shopping online. Advertisement: Story continues below
Retailers, including Harvey Norman's Gerry Harvey, have called for the current $1000 GST-free threshold to be lowered to curb shoppers buying online from overseas suppliers.
Mr Brookes revealed that he wrote to Treasurer Wayne Swan four weeks ago to raise the retail and tax issue with him but to date had not received a reply.
ANCAPS: ANARCHO-CAPITALISTS |
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