when was gst introduced in australia

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Nature

The Goods and Services Tax (GST) in Australia was introduced on 1 July 2000. It was passed as legislation in June 1999 and came into effect on that date as a broad-based 10% tax on most goods and services sold or consumed in Australia. This introduction replaced the previous federal wholesale sales tax system and simplified the tax framework by consolidating various state and territory taxes into a single tax system.