WET Rebate reform delayed

The Wine Equalisation Tax (WET) Rebate will not be changed through the 2015-16 Federal Budget reform will remain on the agenda according to Josh Frydenberg, the Assistant Treasurer. Eligibility for New Zealand wine producers will remain, while bulk and unbranded wine will not be phased out through the budget process, despite calls from the Winemaker’s Federation of Australia (WFA) to adjust both these areas.