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Article: Fed: Govt scuttles hopes of wine rescue package

Article from:
AAP General News (Australia)
Article date:
June 9, 2006
Copyright

AAP General News (Australia)
06-09-2006
Fed: Govt scuttles hopes of wine rescue package

By Robin Pash

CANBERRA, June 9 AAP - The federal government has sunk the wine industry's hopes of
a rescue package to ease the crippling grape glut.

Agriculture Minister Peter McGauran is set to leave the fate of the chronic oversupply
to market forces, telling an emergency industry summit that "key responsibility for charting
the way forward rests with the industry itself".

"There is also a problem taking forward a large government assistance package to cabinet
when the industry in question has a strong history of growth and indeed is forecast to
grow further," he told the meeting of growers and ...

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