Cheers – good news for Oz wine producers as China lifts import tarfiffs
A lifting of import tax on Australian wine into China could help relieve a struggling ...
© Phillip Minnis | Dreamstime.com - High Court
Air New Zealand and Garuda Indonesia’s hopes of overturning a 2016 ruling that they colluded on implementing cargo surcharges has been dealt a near fatal blow, with the Australian High Court rejecting their appeal. Fifteen carriers were caught up in the legal action, which was initially dismissed in 2014 before a ruling last year held in favour of the Australian Competition and Consumer Commission (ACCC). National Business Review notes the remaining 13 carriers have already ready settled the A$98.5m in fines laid down by the court.
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