Cider industry concerned about WET reforms

While Cider Australia has welcomed the moves to tighten eligibility for the Wine Equalisation Tax (WET) rebate, the industry body said it is disappointed the rebate cap will be reduced. In his first Federal Budget this week, Treasurer Scott Morrison announced changes to the WET rebate. The Government announced that from 1 July 2019 eligibility criteria will be tightened to require claimants to own a winery or have a long term lease over a winery and sell packaged, branded wine domestically.