VAT and economic policy
Senator Noone asks for a pre-budget debate with the Finance Minister on using VAT policy to support economic activity and encourage healthier consumption.
The Minister for Finance has been requested to attend the House before the budget. The VAT system could be usefully debated in the House during these budget discussions. There are various innovative ways the VAT system can be used to create movement in a certain sector of the economy, like we saw with the 9% rate on tourism products and services. It can also be used for promoting healthy foods-----
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I am way over time because I was interrupted.