With the grape and wine industry contributing $5.5 billion to the national economy and employing over 30,000 Australians; it is one of Australia’s most favoured and rewarded industries. The grape and wine industry dates back to 1788 when the first vineyards were planted and industry has never stopped growing since. It is now recognised as a leading contributor towards national economic growth and the Australian government have introduced a variety of grants and incentives to keep it that way.
Today, the wine industry in Australia has grown to be a leading exporter for a plethora of global markets. It has prompted the government to step in and offer support to keep the industry on the same growth rate that it has enjoyed in the past. This is especially important with emerging markets like China, India and Russia, increasing their grape vineyards and wine production with the hope of cashing in on the high demand for Australian wines being gaining international recognition.
To help promote the grape growers and wine makers, the government has set up an export scheme. It is aimed at supporting a wide range of Australian industry sectors including the inbound tourism sector, which also contributed a substantial amount of foreign exchange towards the GDP last year. There are 2 key objectives that the government aims at providing; the Export markets and tourist attractions:
- Encourages small and medium sized Australian businesses to develop export markets
- Reimburses up to 50% of eligible export promotion expenses above $10,000 provided that the total expenses are at least $20,000.
In addition to these, the Australian government is also providing a number of grants and schemes to the vineyard growers and wine makers to help ease the pressure associated to growing the grapes and producing the wines. Only by providing these grants and schemes will the industry be able to maintain a competitive edge in the growing market. Below are some major initiatives, grants and schemes the Australian government offers its grape growers and wine makers:
The Governments Contributions on the Local Front:
Setting up of the Wine Australia Corporation Act 1980 and Wine Australia Corporation Regulations 1981. The objectives of the act are:
a) To help promote, regulate and endorse Australian Grape products,
b) To promote distribution and sale of the grape product export internationally,
c) To promote grape produce trade and commerce among the Australian states and territories,
d) To improve grape and grape product production and encourage consumption of grape products within the Australian states and internationally,
e) To help Australia contribute towards the wine trading agreement and other international wine product agreements.
- Collection of levies linked to the grape product industry
The levies and charges are aimed at generating funding to help with marketing, research and development of a healthy Australian wine products industry.
- Grape and Wine Research and Development Corporation
The corporation is set up to help with research and development of grape growing and wine productions which will ensure the grape product industry remain competitive and sustainable.
- Create awareness related to national policies liked to wine production
Wine makers and grape growers are provided the required information linked to policies and other issues pertaining to the grape product industry such as taxation, subsidies, industry structure, health, environmental concerns and natural resources management.
The Governments Contributions on the International Front:
- Works to Improve International Market Access
The department of foreign affairs and trade works closely with other nations in the bid to improve international trade of Australian grape product thus helping to improve market access and trade rules linked to Australian exporters
- Interacts with International Organizations
The government keeps close ties and are maintained between The World Trade Organisation, The International Organisation for Vine and Wine and The World Wine Trade group.
- Establishment of Bilateral Trade Agreements
The government makes sure to keep bilateral trade agreements such as the Australian – European Community Agreement that helps promote Australian wine products to that region.
In addition to these polices there are also special schemes and subsidies the government offers the industry to help with research and development thus improving production, processing, storage, transportation and marketing of grape products and other similar industries which include:
- 1. Free Training initiatives:
The government recently set up a multi million dollar training program aimed at hundreds of industries to help towards different concerns and requirement needed to help boost the industries.
- 2. Subsidies linked to the most industrial professionals:
The government will provide subsidies to exporters, whole sellers, manufacturers, production managers and food and wine scientists among many other people contributing towards the export markets. The subsidies will also include traders and existing employees and business owners to the respective industry contributing towards exports.
- 3. Offering of Grants
The government will also issue a grant of up to $100,000 to help improve quality, as well as a variety of small scope projects linked to the Australian tourism industry.
For More Information and Assistance:
The Business Aid Centre is an assistance centre that provides up to date information on financial incentives for Australian businesses including rebates, grants, and subsidies. In addition to the funding, the Centre also provides monthly webinar presentations. Each month an industry expert is available through voice chat to answer any questions you have regarding your business.
You may visit this link for a copy of the article http://businessaidcentre.com.au/winery-grants.html