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Adjustment assistance for fruit juice processors



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FRS1WE MMSTE!

Press Stateraont No. 11 March 1971

ADJUSTMENT ASSISTANCE F.pE FRUIT JUICE PROCESSORS

The Government has died Rod to pay structural adjustment as si. stance to fruit juice processors affected by the removal, of the exemption from s a p s tax of aerated waters containing less than 1 per cent Australian fruit juice.

·" x ·

χ ρ The exemption had encouraged soft drink

producers to include 5 per cent of fruit -ju.-.co in their products to escape sales tax.

The compensation will cover plant made redundant, and stocks, and is expected to amount to a 1>οat 7.1.5 million.

CANBERRA. A . C - T .