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NZ and the WET

  1. nutcracker

    2,509 Posts.
    Does anyone have a handle on the WET [ wine equalisation tax ] where our Government is subsidising wine produced in New Zealand and sold in Australia by an amount of 29% from the sale price of the wine.
    I have read the Government pages, however have difficulty in ascertaining WHY we are seemingly supporting NZ ahead of Ozzie growers.
    Have posted my Message under Politics, as it is deffinately relevant to our Poli's.
    My intial reaction was that the NZ producer has imported Australian wine in bulk, however not sure that this is the case.

    Any clarification anyone can offer would be appreciated.

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