McGuigan: The WET Rebate should be cut from bulk wine immediately

The CEO of Australian Vintage Limited, Neil McGuigan, has called on the Government to continue its reforms to the Wine Equalisation Tax (WET) Rebate and remove it from bulk wine immediately.
As part of his Budget in May, Treasurer Scott Morrison announced some changes to the WET Rebate, including a tightening of the eligibility criteria and a stepped reduction in the rebate cap.
However McGuigan has told The Shout, that while he supports the rebate for boutique producers it should be taken away from bulk wine straight away.