Beer tax soars today on VB, Tooheys, James Squire, Carlton, Great North, Hahn, Corona and craft beer
2 years, 4 months ago

Beer tax soars today on VB, Tooheys, James Squire, Carlton, Great North, Hahn, Corona and craft beer

Daily Mail  

That thirst for VB is about to become even more hard-earned. The price of a carton of your favourite grog will go up by 80c from Monday under the 4 per cent index-linked tax increase because of the soaring inflation rate. The cost of a schooner will soar with the largest rise in beer tax for 30 years kicking in today The cost of a keg will go up about $4 to nearly $74 while the tax on a pint will go from 80c to 84c, pushing the price in a pub towards $15, say industry chiefs 'We thought there was a real opportunity at the last federal budget to cut the beer tax,' John Preston of the Brewers Association told Nine's Today show. Drinkers will face yet another price hike in February 2023 - and it could be even bigger, with inflation tipped to hit 7.75 per cent in December. 75 per cent in December Prospects of a beer tax cut in Treasurer Jim Chalmers first budget seems unlikely though with the government warning they face a financial black hole of debt.

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History of this topic

I run a Sydney brewery and unlike a pint of lager... the reality behind the bar is anything but golden
4 months, 2 weeks ago

I run a Sydney brewery and unlike a pint of lager... the reality behind the bar is anything but golden

Daily Mail  

A brewery owner has lashed out at a looming beer excise hike and the soaring costs to maintain a business in Australia. Sauce Brewing Co founder Mike Clarke told Yahoo the industry was copping it 'from all sides' with some businesses unable to stay afloat and forced to close. Sauce Brewing Co founder Mike Clarke said the industry was copping …

Alcohol prices rise today- Find out how much the cost of your tipple will increase by
1 year, 4 months ago

Alcohol prices rise today- Find out how much the cost of your tipple will increase by

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Bottle …

PM insists alcohol duty changes will benefit businesses despite tax hikes
1 year, 4 months ago

PM insists alcohol duty changes will benefit businesses despite tax hikes

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy …

Consumers to see ‘biggest single alcohol duty increase in almost 50 years’
1 year, 4 months ago

Consumers to see ‘biggest single alcohol duty increase in almost 50 years’

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Amongst all this pressure the Government has chosen to …

Budget beer duty: Alcohol tax frozen as part of Jeremy Hunt’s ‘Brexit pubs guarantee’
1 year, 9 months ago

Budget beer duty: Alcohol tax frozen as part of Jeremy Hunt’s ‘Brexit pubs guarantee’

The Independent  

Tax on draught beer in pubs will remain frozen from 1 August this year, chancellor Jeremy Hunt has announced. Mr Hunt told MPs: "From August 1 the duty on draught products in pubs will be up to 11p lower than the duty in supermarkets, a differential we will maintain as part of a new Brexit pubs guarantee. Mr Hunt told …

Beer prices to rise again this week as brewing industry calls for tax reprieve
1 year, 10 months ago

Beer prices to rise again this week as brewing industry calls for tax reprieve

ABC  

Australian drinkers are facing another significant rise in beer prices this week, as a twice-yearly federal tax comes into effect. Key points: The cost of beer will rise by 3.7 per cent from Wednesday, on top of last August's increase of 4 per cent The long-standing tax on beer is tied to inflation, which is rising rapidly The Brewers Association …

Prices of schooners and pints at pubs spikes in Australia
2 years, 5 months ago

Prices of schooners and pints at pubs spikes in Australia

Daily Mail  

Once unthinkable, a $20 schooner could soon be upon as inflation continues to hit pubs hard and brewers brace for another crippling tax hike. The eye-watering price, sighted at Common Bar and Kitchen at Perth Airport, comes as beer prices reach record levels across the country with a fresh beer excise tax set to raise prices again in August. Beer …

Are pubs about to get MUCH cheaper? Calls for beer tax to be reduced by 50 per cent
3 years, 8 months ago

Are pubs about to get MUCH cheaper? Calls for beer tax to be reduced by 50 per cent

Daily Mail  

Beer producers are calling for huge tax cuts to help struggling pubs following crippling Covid-19 lockdowns. It comes after draught beer sales dropped by a third last year as lockdowns kept punters from pubs and clubs. 'A 50 per cent reduction in the excise rate on draught beer would deliver a massive boost to hospitality business owners at a relatively …

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