Don’t forget the punters
1 March 2019
Brewers Association of Australia
March/April 2019 Edition
RAISING a glass. It’s part of who we are. Whether celebrating life’s milestones or just the end of the working week, a beer with family and friends is as Oz as beach cricket, zinc cream and a bbq snag sanga.
But when it comes to the amber fluid, Aussies get a pretty raw deal.
Anyone who has knocked back a frothy while overseas knows the bittersweet reality that we pay through the nose at home. Why? The taxman gets his paw into your pocket three times before you get to quench your thirst.
For example, a carton of Corona will cost you $54.99. In the US, it’s $32.13. A six-pack of Coopers Pale Ale will set you back $18.99. In the US, it’s just $11.99.
While a typical carton of full-strength beer in Australia will set you back $47.99, the Australian Government collects a disproportionate $20.85 – or 43% of the price – in taxes.
We pay double the excise of the US and almost twice what the Kiwis cough up, let alone the eight times more tax than Belgium, Poland, Chile and Argentina.
The single most expensive ingredient in Australian beer is Australian Government tax. All up, Canberra netted $4.2 billion in excise and GST last year from beer drinkers alone.
While cost of living pressures, such as housing affordability and power prices, require complex legislation and endless political argy-bargy before punters will ever see real relief, beer tax cuts could be delivered quickly.
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1/1/2019 2019: Taxing times