THE decision by Cabinet to cut the backpacker tax is a win for Hume’s farmers and local tourism, according to Federal Member for Hume Angus Taylor.
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“Reducing the proposed tax rate from 32.5 per cent to 19 per cent will maintain Australia’s status as one of the most competitive destinations for working holiday-makers, while ensuring they pay a fair level of tax,” Mr Taylor said.
“From the fruit orchards in the Wollondilly to the sheep producers in the Boorowa district, agriculture and local tourism make a fundamental contribution to many local economies in Hume.
“Lowering this tax and reducing the application charge for working holiday-maker visas by $50 to $390 will give incentives for working-holiday makers to visit and work in the electorate.
“It also means that Hume’s agricultural regions can continue to rely on strong seasonal labour support.”
More than 1700 stakeholders contributed to the review. The new taxes start January.