Libs vow state won't lose GST

Written By Unknown on Jumat, 05 April 2013 | 14.56

TASMANIANS have no need to fear losing GST revenue under a Coalition government, Malcolm Turnbull says.

The senior Liberal MP was responding to renewed concerns the state would lose up to $600 million under changes to GST distribution if Tony Abbott won office.

"Tasmania will be absolutely no worse off in terms of the GST. That is a given," Mr Turnbull said.

West Australian Premier Colin Barnett is determined to get a better deal for his state and this week revealed he had been talking to Mr Abbott about possible changes to GST distribution.

Federal Finance Minister Penny Wong said the Liberal plan could rip up to $600 million from the Tasmanian economy.

But Mr Turnbull, who was in Launceston yesterday, said the fears were misplaced.

"Tasmanians have nothing to fear from a Coalition government in terms of GST," he said.

Mr Turnbull, the Opposition communications and broadband spokesman, hinted Tasmanians might end up with two-speed broadband.

He said if the Coalition won the election, areas still without the national broadband network would be provided with a lower cost version, using existing copper wires between homes and exchanges.

About 15,000 Tasmanian households already have NBN fibre optic cables at their doorsteps.

Mr Turnbull said he would announce the Coalition's broadband policy soon.

It is understood that the Coalition's "more affordable" alternative would be slower than the Government's fibre-to-the-home.

Households and businesses in areas where the NBN is yet to be rolled out are likely to pay extra if they want fibre-to-the-home installation.

Mr Turnbull said existing fibre rollouts in Sorell, Scottsdale, Smithton, George Town, St Helens, Triabunna, Kingston Beach, South Hobart and parts of Launceston would be retained.

"If it's in place, it's in place," he said.

"I know Julia Gillard has come down here and said that Tony Abbott and I are going to come down here and tear up the cables ... presumably with our teeth ... that's just a complete nonsense," he said.

Mr Turnbull said the upside was that the Coalition would complete its broadband rollout a lot more quickly and at a lot less cost than Labor's plan.

He said a cheaper rollout, also expected to involve competition between NBNco and other telcos, would be cheaper for users to access.


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