Is it time to raise the GST?

The price of Brent Crude has taken another leg up, flirting with 110 US dollars a barrel over the weekend and pulling even greater focus onto how high energy costs are affecting the global economy.

Meanwhile, Australia’s increasingly expensive public debt is putting pressure on government budgets. So is now the time for major tax reform?

And would any major party be willing to test the idea of increasing the GST?

Carrington Clarke and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.

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