Small wineries in the North East will be hoping the wine equalisation tax reforms pass through federal Parliament to give them a leg up against bigger producers.
Subscribe now for unlimited access.
$0/
(min cost $0)
or signup to continue reading
Changes to begin in July 2018 include reducing the rebate cap from $500,000 to $350,000 and only applying it to wine packaged containers not exceeding five litres.
Indi MP Cathy McGowan said she supported legislation because it supported the North East, which was worth $13.3 billion in revenue.
She praised industry leaders who gave up their time for meetings and trips to Canberra to push for change, and singled out winery owner and former Regional Development Australia chair Janelle Boynton.
“She advocated really strongly across political lines for this legislation to be considered as part of broader challenges facing the industry,” Ms McGowan said.
