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      9   MICROBREWERY REFUNDS

The order of the day having been read for the resumption of the debate on the motion of Mr Oakeshott—That this House:

(1)    notes that:

(a)    microbreweries are important niche businesses in Australia, providing valuable job opportunities and economic growth, particularly in rural and regional areas;

(b)   microbreweries need recognition within the tax system through the Microbrewery Refund, given that they are competing in a domestic market heavily dominated by large multinational companies, following the sale of both Fosters and Lion Nathan to overseas interests;

(c)    the Microbrewery Refund was introduced in 2000 and that the definition of a microbrewery has not been reviewed and is now markedly out of step with industry reality; and

(d)   the maximum excise refund has remained capped at $10,000, while the beer excise has been raised twice a year for the past 11 years with the consumer price index; and

(2)    calls on the Government to amend:

(a)    the definition of a microbrewery under the Excise Regulations 1925, regulation 2AB, to significantly increase the current maximum volume of 30,000 litres; and

(b)   Excise Regulations 1925, regulation 50(l)(zzd), to remove or significantly increase the maximum of $10,000 excise refund that can be claimed in a financial year ( see item No. 3, Votes and Proceedings )—

Debate resumed.

The time allotted for the debate having expired, the debate was interrupted, and the resumption of the debate made an order of the day for the next sitting.