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2024 Budget Brief

22 May 2024

Download the Australian Grape & Wine 2024 Budget Brief for Australian wine producers.

In the 2023–24 Budget, the Australian Government announced the biosecurity levy and charge (the BPL) as one of the funding sources for its election commitment to strengthen Australia’s biosecurity system through a new sustainable funding model. Under the new model, funding of the biosecurity system would be more broadly based and ‘shared across general taxpayers,

Treasurer Jim Chalmers handed down the 2024-25 Federal Budget on Tuesday night and the third under the Albanese Government. The Budget papers revealed a $9.3 billion budget surplus in FY2023-24 – the first time a Government has delivered consecutive Budget surpluses in over a decade – with real Gross Domestic Product (GDP) at 1.75 per

Dr Craig Emerson released his interim report into the Food and Grocery Code of Conduct on Monday 8th April.  The Review acknowledged there are market concentration issues in other retail industries in Australia, and that common issues can occur across industries, especially for perishable products. The Review acknowledged there are questions about whether the wine

Our Director, Strategy & International Affairs, Damien Griffante has this month been representing the Australian wine sector at the OIV – International Organisation of Vine and Wine technical meeting in Dijon and World Wine Trade Group (WWTG) in Brussels. Australian Grape & Wine continues to advocate for international trade harmonization and the reduction of technical

Today, on International Women’s Day, and in line with the 2023 Australian Women in Wine Symposium’s call to ACTION, Australian Grape & Wine celebrates the sector’s ACTION on gender equality with a positive step towards real change. The Workplace Gender Equality Agency’s recent report on gender pay gaps in Australia has sparked a wave of action within

On 28 February the Government tabled a package of Bills in the House, intended to raise $50 million from producers as part of the revised biosecurity protection levy. Agriculture (Biosecurity Protection) Levies Bill 2024 Agriculture (Biosecurity Protection) Charges Bill 2024 Agriculture (Biosecurity Protection) Levies and Charges Collection Bill 2024 While the Charges Bill helpfully has

The Senate Select Committee on Supermarket Prices has announced an initial set of dates to hear from industry participants who supply the supermarkets, either directly or indirectly. Hearings have been held in Hobart (7th March), Orange (12th March) and Melbourne (13th March) with further dates to be announced at the discretion of the Committee. Growers

Codex Committee on Food Labelling As reported in previous member news Codex Committee on Food Labelling (CCFL) is preparing a paper for their next meeting (CCFL48) on alcohol labelling being led by the World Health Organization (WHO). A Circular Letter (CL) drafted by WHO CL 2024/13-FL was sent to Codex member countries for comment to

Thai health warning labels Last month new draft requirements were released for domestic consultation by Thailand’s Alcoholic Beverage Control Board (ABCB) as a draft amendment to Section 26(1) of the Alcoholic Beverage Control Act. The draft announcement covers a wide range of requirements including graphic health warnings, restrictions on text that is displayed on the

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