Wine bodies unite in call for tax reform and an extra $44 million for global marketing

Reforms to the Wine Equalisation Tax (WET) rebate and an extra $44 million for global marketing are detailed in a plan put to the Federal Government to help restore profitability to the nation’s grape and wine industry. A submission lodged by the industry’s two peak associations, the Winemakers’ Federation of Australia (WFA) and Wine Grape Growers Australia (WGGA), urged the government to take action before the 2016 vintage so wine businesses can take full advantage of the more favourable Australian dollar and recent FTAs.