AUSTRALIA: Government imposes levy on all sugar sales, outlines assistance deal
Australian agriculture minister Warren Truss announced yesterday [Tuesday] that a levy of A$0.03 (US$0.017) will be imposed on every kilogram of domestic sugar sold over the next five years. The levy will be applied to all domestic sugar sales, while sugar used to make products for the export market will be subject to a rebate. The levy is expected to raise some $100m, which will be used to fund an industry assistance package.
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