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21/05/2015

Extra motivation to attend WineTech2015

Recently announced tax breaks for small businesses are expected to attract more interaction and investment at WineTech2015.

Matthew Moate, Wine Industry Suppliers Association (WISA) executive officer, said the tax incentive could be “a major new driver of investment in plant and equipment supporting the wine sector and it is a very welcome development in the lead-up to WineTech2015.”

Businesses with a turnover of less than $2 million can now claim a tax deduction on capital purchases for business assets of up to $20,000.

“It will certainly encourage grapegrowers and winemakers – indeed participants along the entire supply chain – to attend the event to consider purchases of latest products and technologies,” Moate said.

“The $20,000 tax incentive is just the boost we needed to raise confidence in the industry and it will translate into new investment and turnover that will benefit business owners and the economy in general.”

More than 150 suppliers will be exhibiting at WineTech2015, the wine industry’s flagship trade show hosted by WISA in Adelaide from July 14–16.

Both Australian and international suppliers are preparing to showcase products and technologies designed to enhance the operational capacity of businesses across the wine sector.

“WineTech2015 will be a timely opportunity for participants in the wine sector to keep abreast of innovation, and to discuss latest products and developments with industry leaders,” Moate said.

“There has not been a better opportunity to look, learn and buy from a floor show with a direct operational focus.”

The event will be held at the Adelaide Showground, and will be supported by the Australian Grape and Wine Authority (AGWA), Winemakers' Federation of Australia (WFA), Wine Grape Growers Australia (WGGA) and Wine Communicators of Australia (WCA).

In addition to supplier presentations, WineTech2015 will also offer a seminar program to tackle a range of topics, including:

• What can we learn from our allies in industry – food, beverage and agriculture? Are there solutions and inspiration in their stories and experiences not yet considered?

• Why it pays to create a memorable cellar door experience and how to achieve it;

• Wine Retail – The digital space;

• Influencing purchasing intent through social media and storytelling;

• Future generation providing insights into how the industry can assess its needs now and into the future; and

• Support for export and investment with Korea and Japan through free trade agreements.

For more information on WineTech 2015, visit WineTech.

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