Changes may cause job cuts

Changes may cause job cuts

NEW England wine producers have warned changes to a tax originally designed to better support wine producers in rural and regional Australia could end up pushing many to the financial wall. The fallout for the wine industry is continuing after the 2016/17 federal budget revealed changes to the Wine Equalisation Tax (WET) rebate, which supporters say is long overdue to stop widespread rorting of the rebate, but which critics argue will have the unintended consequence of business closures and job cuts.

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