Sugar levy removal welcomed by beverage industry
The Australian Beverages Council has welcomed the decision by Treasurer Peter Costello to remove the "sugar levy' of 3¢ a kilo imposed on sugar users since 2003.
The levy imposed on sugar purchasers to assist sugar growers was discriminatory and in the end ineffective in achieving the restructuring of the sugar growing industry that was intended.
"The decision removes what is effectively a tax on the beverage industry and as such it will be welcomed by all," Tony Gentile, chief executive of the Australian Beverages Council, said.
The Australian Beverages Council has actively lobbied against the "sugar levy' from when it was originally proposed and right through the three years of its existence.
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