OECD urges higher GST as part of major tax reform in post-pandemic plan to slash debt

The federal government is being urged to embark on major tax reform to help pay down massive debt from COVID crisis. 

Raising the goods and services tax (GST) and including the entire value of the family home in the assets test for the aged pension are two politically sensitive recommendations in the OECD's latest review of Australia's economy. 

Ben Westmore, head of the OECD's Australia desk, tells ABC's Peter Ryan the recovery from the pandemic is a rare opportunity to tackle thorny root and branch tax reform.