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Impose GST for foreign online sales says QUT researcher
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The Federal Government should investigate imposing a GST on foreign online retailers if it wants to prevent other businesses from the rise of internet shopping, a marketing expert has urged.
Queensland University of Technology (QUT) Business School senior lecturer Dr Edwina Luck said the financial collapse of Borders and Angus & Robertson bookstores could start a domino effect.
"This is the demise of the traditional book superstore as we know it," Dr Luck said.
"It will have a domino effect on other businesses.
"The government needs to consider GST on foreign online retailers to look after small businesses in Australia."
www.qut.edu.au
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