NSW property sector backs O'Farrell on GST THE NSW property industry has backed calls by Premier Barry O'Farrell for the changes to the GST to be included in a debate on tax reform. Mr O'Farrell has called for a "fair dinkum" discussion about tax in federal opposition leader Tony Abbott's promised review, including raising the GST rate and broadening its base. NSW Property Council executive director Glenn Byres says all options for tax reform, including the GST, should be on the table. "The state's current tax base is unreliable, outdated and in desperate need of an overhaul," he said in a statement on Monday. The property sector is a frontline casualty of the inefficient and dysfunctional tax system in NSW and beyond. NSW's ability to eradicate poor taxes like stamp duty would be enhanced if alternative revenue sources are identified - and that includes the GST.