Assignment Overview: This assignment is based on an article publishedby Frank Chung, titled “Turnbulls online shopping tax punishes Aussieconsumers: How to avoid the Amazon rip-off”, in news.com.au,...

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Title-: Department Preparation Meeting
· In your own words, summarise the article. What is the main message of this article?
In this article of the online retail giant Amazon and the interpretation of the Australian shoppers with respect to the use of the local website that would also be featuring an involving the need of the use of much smaller along with the collaboration of the expensive range of products that have been procured in an international sites that needs to get around the block.
Due to the unprecedented effects of the Amazon who have used the need of the change that has included a response with regards to the Turnbull government’s new online GST laws, that would lead to the online businesses operating internationally to collect the tax with respect to the products that have been valued at $1000. It has been determined that there is approximately a $300 million which needs to be introspected with respect to the revenue which would penetrate within the states and territories with respect to the schools and hospitals. It would be fair for the retailers related to this. It is unbelievable that there can also be a condition in which the world’s most technologically enabled and the most advanced companies, would be facing a troubled times with respect to the technological issues and unable to find out a solution in terms of the simple application with respect to the sales tax upon any products within Australia. Due to this, there is a different slab of VAT rates in comparison to the UK, Canada.
As an effect, the company Amazon would be passing it to the Australian consumers to bar the taxes which would comply with their commercial decision. Even during the episodes of nonbuying engagement, it would lead to the loss of customers in Australia due to the low interest to pay for the taxes and there are plenty of competitors (Dootson, 2015).
Due to this ruling, many Australian shoppers may disagree, and would be working towards the Amazon customers that are working towards an agenda of the launch, with respect to the determining and understanding the products which needs to be sold with respect to the third-party sellers that is now on an expensive side in the Australian site. For example, a simple cloth which would cost cheaper to buy in the US such as $ 139 but needs to be paid extra for the shipping fee. which would rack up to $ 360 on the Amazon.au in which 160 percent markup is determined and a simple handbag of the famous brand that hugely costs $894 would be marked up higher at $2172. One can see that from the1st July, due to the imposed taxes, there would be more expensive commodities and goods to buy from the Amazon International leading to paying up extra inflated prices within the domain of the Australian site.
In order to save the customers form the consequences, one needs to have an access to the VPN (virtual private network) and needs to procure a US IP address. With the use of the VPNs which acts in the middle of the internet connection. It is a simple way to trick streaming services such as the Netflix which can make a use of the US in order to get a brief of the content blocking.
One can also work towards the hundreds which include the price range from $10-20 a month. With respect to the Online reviews ranking and to determine various services commonly cite such as the use of the various NordVPN, ExpressVPN along with the analysis of the Private Internet Access and the understanding of the IPVanish and TunnelBear needs to be included (Online shopping tax punishes Aussie consumers, 2018). There is also a necessary step towards the signing up of an account such as the freight forwarding service which includes the ShopMate, Shipito along with the accessibility of the Hop-Shop-Go or Parcel. It is also important for the Freight forwarding services to ensure they are able to provide the shoppers along with a US address in order to give to a retailer and accordingly also ship the package to Australia along with the shipping fee
· The article states that “The Australian Taxpayers’ Alliance said the Turnbull governments online shopping tax punishes Aussie consumers and denies shoppers the same choice available to billions of shoppers worldwide.” Do you agree with the above statement? Make sure that you justify your answer with the relevant economic theories.
Due to the Australian Taxpayers which would be alliance and bringing out the Turnball government online shopping, would actually be resulting in a loss to the Aussie consumers and would lead to a denial of shoppers to stay out of the shopping. I certainly agree to this and the economic theories which justify is highlighted below-:
Comparative Advantage-: This is a law or a principle which centres around the comparative advantage that needs to hold with respect to the free trade and is determined as an agent which would be required to produce more along with the possibility to consume less of a good in which it has a comparative advantage...