Victorian Liquor Subsidy here to stay
The Victorian State Government has decided to keep the Victorian Liquor Subsidy (VLS) as is.
Also referred to as the Cellar Door rebate, the VSL is a 15 per cent subsidy on the wholesale value of wine sold through cellar doors and wine clubs. The subsidy is only available to those who have exhausted the Wine Equalisation Tax rebate and have a certain minimum level of wine through their cellar door.
Industry group, Wine Victoria, reviewed the tax and found those receiving the subsidy generate AUD $680 million in gross state product annually.
The subsidy has also supported almost 5, 000 ongoing full-time equivalent jobs, both directly and indirectly.
Wine Victoria Chair, Damien Sheehan, said Victoria is now the only state with this level of industry support.
“This ongoing investment into cellar doors is so important – the Victorian visitor experience is often focused on big natural icons, but for a strong economic impact to be realised, providing access to value-add experiences such as an exceptional cellar doors is key,” Sheehan said.
“With the continuation of this subsidy, the Victorian wine industry looks forward to working in partnership with the Government on their tourism objectives by delivering first class wine experiences. We aim to make Victoria the best wine state in Australia,” he said.
- Supermarkets take most ofAustralia’s alcohol spend
- Senate Committee favours volumetric tax system for alcohol in Australia
- Diageo to start using nutrition panels onalcoholic drinks
There are only a limited number of places left for the Melbourne Foodlegal workshop on 14 November ...
Grocery distributor, Metcash, has announced its new Chief Executive Officer to replace Ian Morrice i...
After almost 9 months under the leadership of an interim Chief Executive Officer, Murray Goulburn Co...
Farm Pride Eggs is launching its first marketing campaign in eight years.
The dairy crisis has been predicted to finally end in late 2018, resulting in a “battle” between Sap...
Both the New South Wales and South Australian Departments of Primary Industries (DPI) are urging pri...
Aldi is preparing to sell its goods online in China using Australian suppliers.
A Rafferty’s Garden infant food product has been recalled as it may contain glass.