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Tuesday, 14 August 2012
Page: 8633

Wine Equalisation Tax

(Question No. 1004)

Mr Oakeshott asked the Treasurer, in writing, on 9 May 2012:

Would he consider reforming the cider taxation from the ad valorem Wine Equalisation Tax to a volumetric excise rate equivalent to that applied to Ready to Drink, if so, has he considered the impact such reforms would have on,

(a) Australian cider manufacturers, in particular, small-business cider manufacturers, and

(b) the local primary industry and, in particular, Australian pear and apple growers.

Mr Swan The answer to the honourable member's question is as follows:

As stated in the Government's tax forum discussion paper released on 28 July 2011, the Government has committed not to change alcohol tax in the middle of a wine glut and while there is an industry restructure underway. Consistent with this, no changes to the taxation of cider were announced in the 2012-13 Budget.