15pc GST off table for next three years

One thing is certain after Saturday's federal election - the GST rate won't budge from 10 per cent for at least three years.

Prime Minister Malcolm Turnbull has again ruled out revisiting a hike in the tax if the coalition retains government, matching a Labor promise.

"We did not kick it into the long grass for political reasons," Mr Turnbull told Nine Network on Friday.