Start buying your toys now...

JohnR · June 2017

Looks like it's been delayed for a year:

"Low-Value Imports

Retailers will be disappointed to hear that plans to impose the GST on low-value imports has been deferred for another 12 months to July 1, 2018. This will disadvantage them in comparison with international retailers, particularly those that dominate the online sector.

The issue of whether GST should apply to low-value imported goods has been the subject of many reviews and on March 23, 2017 the Government’s bill to extend GST to low-value goods imported by consumers was referred to the Senate Economics Legislation Committee. The committee published its final report on May 9, 2017 and noted concerns about the proposed implementation date due to the complexities of the proposed collection mechanism and the policing of non- compliance. It recommended that the bill pass but that the introduction of the new tax be delayed to July 1, 2018."

(http://www.thinkaccountants.net.au/latestnews/june-2017-on-the-money-newsletter)