With insurance premiums on the rise as communities across Australia experience increases in property crime, One Nation will demand that insurance is exempted from the Goods and Services Tax (GST).<\/p>\n\n\n\n
One Nation leader Senator Pauline Hanson said in the long term it would be in the interests of Australian taxpayers to exempt insurance from GST.<\/p>\n\n\n\n
\u201cWith premiums rising along with so many other costs of living and doing business, Australian households are going to take a long hard look at their insurance premiums, and some are going to decide they can no longer afford it,\u201d Senator Hanson said.<\/p>\n\n\n\n
\u201cThat potentially creates a big problem for Australian governments, especially in the event of a large-scale natural disaster, because ultimately taxpayers could be footing the bill for rebuilding.<\/p>\n\n\n\n
\u201cSo I think we should be doing all we can to keep insurance costs low, so more Australians are protected. \u201cMaking insurance exempt from GST makes sense. Insurance is only a \u2018service\u2019 when a claim is made against a policy. This would save Australians a lot of money and hopefully encourage more people to get cover.\u201d<\/p>\n\n\n\n
Senator Hanson said One Nation, if it gained the balance of power at this year\u2019s Queensland state election \u2013 would also exempt insurance from state government stamp duty.<\/p>\n\n\n\n
\u201cIt\u2019s obscene that with insurance premiums rising sharply on the back of escalating crime in regional Queensland, the state government \u2013 hopeless in addressing out-of-control crime\u2014is receiving more direct revenue through stamp duty and more indirect revenue through GST.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
With insurance premiums on the rise as communities across Australia experience increases in property crime, One Nation will demand that insurance is exempted from the Goods and Services Tax (GST). One Nation leader Senator Pauline Hanson said in the long term it would be in the interests of Australian taxpayers to exempt insurance from GST. … Continue reading “One Nation demands insurance exemption from GST 22 January 2024”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-24895","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/24895","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=24895"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/24895\/revisions"}],"predecessor-version":[{"id":24896,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/24895\/revisions\/24896"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=24895"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=24895"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=24895"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}