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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