Gordon Campbell | Parliament TV | Parliament Today | Video | Questions Of the Day | Search

 


Australian Wine Move Could Mean Millions


Australian Wine Move Could Mean Millions

The extension of the Australian Wine Equalisation Tax rebate to New Zealand producers was significant for our industry, Trade Negotiations Minister Jim Sutton said today.

Mr Sutton told the Romeo Bragato conference of grapegrowers and winemakers in Gisborne that Australia had put into place the formal arrangements to extend the rebate to eligible New Zealand wine producers who export wine to the Australian market.

The Australian government has budgeted $7 million for the first year in the extension, and $8 million for subsequent years.

"This move will put New Zealand wine producers back on the same footing as their Australian counterparts. The rebate scheme put the New Zealand industry at a serious disadvantage in the Australian market. This will put that right."

The move to extend the rebate to New Zealand came after strong representations from New Zealand ministers that the scheme put Australia out of step with its CER commitments.

Mr Sutton said he was very pleased that the Australian Government is honouring its CER obligations, although some implementation issues had yet to be ironed out.

He said the extension of the WET rebate to New Zealand winemakers was an important issue for New Zealand, and the Government would continue to monitor the scheme's implementation.

Australia is the third most important destination for NZ wine exports and NZ is one of the two top suppliers of imported wines there. Currently around 100 wineries export to Australia and for the year ending 30 June 2004, exports amounted to 5.6 million litres valued at NZ$56.3 million.


© Scoop Media

 
 
 
 
 
Parliament Headlines | Politics Headlines | Regional Headlines

 

Breed Laws Don’t Work: Vets On New National Dog Control Plan

It is pleasing therefore to see Louise Upston Associate Minister for Local Government calling for a comprehensive solution... However, relying on breed specific laws to manage dog aggression will not work. More>>

ALSO:

Corrections Corrected: Supreme Court Rules On Release Dates

Corrections has always followed the lawful rulings of the Court in its calculation of sentence release dates. On four previous occasions, the Court of Appeal had upheld Corrections’ practices in calculating pre-sentence detention. More>>

ALSO:

Not Waiting On Select Committee: Green Party Releases Medically-Assisted Dying Policy

“Adults with a terminal illness should have the right to choose a medically assisted death,” Green Party health spokesperson Kevin Hague said. “The Green Party does not support extending assisted dying to people who aren't terminally ill because we can’t be confident that this won't further marginalise the lives of people with disabilities." More>>

ALSO:

General Election Review: Changes To Electoral Act Introduced

More effective systems in polling places and earlier counting of advanced votes are on their way through proposed changes to our electoral laws, Justice Minister Amy Adams says. More>>

Gordon Campbell: On Our Posturing At The UN

In New York, Key basically took an old May 2 Washington Post article written by Barack Obama, recycled it back to the Americans, and still scored headlines here at home… We’ve had a double serving of this kind of comfort food. More>>

ALSO:

Treaty Settlements: Bills Delayed As NZ First Pulls Support

Ngāruahine, Te Atiawa and Taranaki are reeling today as they learnt that the third and final readings of each Iwi’s Historical Treaty Settlement Bills scheduled for this Friday, have been put in jeopardy by the actions of NZ First. More>>

ALSO:

Gordon Campbell: On The Damage De-Regulation Is Doing To Fisheries And Education, Plus Kate Tempest

Our faith in the benign workings of the market – and of the light-handed regulation that goes with it – has had a body count. Back in 1992, the free market friendly Health Safety and Employment Act gutted the labour inspectorate and turned forestry, mining and other workplace sites into death traps, long before the Pike River disaster. More>>

Get More From Scoop

 

LATEST HEADLINES

 
 
 
 
 
 
 
 
 
Parliament
Search Scoop  
 
 
Powered by Vodafone
NZ independent news