Australian Treasurer Jim Chalmers has rejected the recommendation by the International Monetary Fund (IMF) to increase the goods and services tax (GST) in the country. The IMF suggested expanding the GST’s coverage to include healthcare products, but Chalmers stated that changing the GST was not a priority for the Labor government. Instead, the government is pursuing “modest but meaningful” changes to superannuation tax breaks and a crackdown on multinational taxes. The Grattan Institute released a report proposing an increase in the GST rate from 10 to 15 percent, but Chalmers stated that GST reform would not improve the budget bottom line as revenue from the tax would be distributed to states and territories. Political expert Graham Young noted that GST reform faces several hurdles, including the need for approval from all jurisdictions and potential opposition from major political parties.