Related resources

• ANCERTA
• Aviation services
• Biosecurity / quarantine
• Biotechnology
• Business and law
• CER timeline
• CER FAQ
• Key trade statistics
• New Zealand Government Submission to the Joint Standing Committee on Foreign Affairs, Defence and Trade on CER May 2006
• Rules of Origin
• SEM
• The Trans-Tasman Mutual Recognition Arrangement (TTMRA)
• Trans-Tasman Travel Arrangement (TTTA)
• Trade in services
• Wine Equalistation Tax (WET)

CER reference material

• Air Services Agreement
• Business law Memorandum of Understanding
• Government procurement
• Joint Food Standards Agreement
• Joint statement on CER: CER 20th Anniversary Forum 2003
• Speech by Australian Deputy Prime Minister 2003
• Speech by Minister for Trade Negotiations 2003

External Links

• Inland Revenue Department

Country/territory locator

Find MFAT's information paper on a country or territory. (We don't have information papers on all countries.)

 

Glossary

Although we have tried to use plain English content on the site, you may come across specialist terms and acronyms. Find out what they mean in our glossary of terms.

If you come across a term that isn't included in the Glossary please send us an email.

Wine Equalisation Tax (WET)

Australia agreed in December 2004 to extend its Wine Equalisation Tax (WET) rebate scheme (announced in their 2004 budget) to New Zealand wine producers.

An arrangement has now been signed by the IRD and Australian Tax office to create a framework for cooperation to facilitate WET rebates being paid to eligible New Zealand wine producers. New Zealand producers will be able to submit applications from 1 July 2006 for tax paid during the previous year.

In its budget of 9 May 2006, the Australian Government announced that the size of the maximum rebate available has increased from $290,000 to $500,000 per financial year.

For more information or for questions about how the proposed rebate extension will operate contact the Inland Revenue Department.

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