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'This will especially affect the smaller boutique producers, with the potential to force many of these businesses to close.'
'Our group comprises 14 operating companies which are involved in bottling, winemaking, sales, tourism and Australian market distribution, with a turn over of approximately $80 million.
Currently our industry operates in the most competitive environment in its history, with a number of factors outside its control impacting on individual company profitability, such as:
Any change to the tax regime will have a destabilising and devastating effect on the
First Creek Wines
'First Creek Wines has a highly acclaimed team of winemakers. Given this level of experience and talent, our winemaking service has become the first choice for 25 companies, and our premium bottling service for more than 100 companies. A volumetric tax will have significant cash flow implications for wineries and will create additional paperwork and increased compliance costs. This will especially affect the smaller boutique producers, with the potential to force many of these businesses to close.'
'We are a third-generation winemaking family, with a philosophy that ‘the wine is everything.' This philosophy has produced a range of fine wines which regularly receive awards and accolades in Australia and on the highly competitive world stage. Since our debut vintage of 1973, we have won more than 2000 medals and awards internationally. Australia is the highest taxed wine producing nation in the world.
A volumetric tax will make it more difficult to compete globally in the international