The Australian Competition and Consumer Commission today launched a specific information campaign on GST pricing information for Aboriginal and Torres Strait Islander people.
"GST, everyday prices and you will help Aboriginal and Torres Strait Islander people understand how the New Tax System will affect the prices of everyday goods and services that they buy or use", ACCC GST Commissioner, Dr David Cousins, said today.
"On 1 July 2000, when the Goods and Services Tax is introduced and other taxes, including Wholesale Sales Tax, are abolished, many prices will change. Some prices will rise, some will fall, and some will remain the same.
"During the transition to the New Tax System, the ACCC is playing an important watchdog role to protect Aboriginal and Torres Strait Islander people and other Australians from price exploitation. The ACCC will help businesses understand their obligations, and let consumers know what to expect with price changes.
"The ACCC has set up a GST Price Line especially for Aboriginal and Torres Strait Islander people.
Those with price queries or complaints can call 1300 303 143 for the cost of a local call from anywhere in the country for information on GST pricing", Dr Cousins said.
"As many Aboriginal and Torres Strait Islander people live in remote communities, they may be exposed to greater risk of price exploitation. Higher transport and fuel costs and lack of competition may lead to price exploitation. For example, if a community only has access to one local shop, that shop must still properly adjust its prices to take account of the New Tax System changes, and pass on any savings to their customers.
"It is important that Aboriginal and Torres Strait Islander businesses, community organisations, and enterprises understand how they need to adjust their prices, so that they don't risk breaking the law against price exploitation.
"The ACCC has produced material specifically for Aboriginal and Torres Strait Islander people on GST pricing issues. "Aboriginal and Torres Strait Islander consumers will know what to expect and to question any unreasonable prices if they see them.
"If Aboriginal and Torres Strait Islander people have any queries or would like more information, they can contact the ACCC on 1300 303 143".