Pernod and Treasury agree on tax reform

Australia’s two leading winemakers, Pernod Ricard (PRW) and Treasury Wine Estates (TWE), have put forward their case for wine tax reform to the Federal Government. Yesterday, the pair urged the government to change to a system that they say will restore growth and will secure a more sustainable future for the industry. Submissions to the government as part of its discussion paper on tax reform have now closed.