In theory the shift to gst made eminent sense. 06 may 2008 gst revenue neutral corrections on 5 may 2007 the ato published practice statement ps la 2008 9 entitled gst revenue neutral corrections. Allowing for some leakages the combined rnr could be in the range of 12.
This Chart Shows The Characteristics Of Different Phases Of The Economic Cycle Including How Different Asset Classes Economics Lessons Stock Market Investing