A MT BEAUTY brewer says the federal government's decision to heed industry concerns and freeze an excise increase on draught beer for two years, commencing August 2025, is welcome news for brewers, as well as beer drinkers.
Steph Bellman, co-owner of Mountain Monk Brewers in Mount Beauty, said this government's recent decision should help keep prices steadier and more affordable for all customers.
"This stability is crucial, especially in a market where consumers are feeling the pinch from various inflationary pressures," Ms Bellman said.
"However, it’s important to note that while the excise tax freeze may prevent some price increases, the industry, like every other industry, is still facing rising production and material costs as well that could impact breweries' overall pricing strategy in the long run.
"Despite these challenges though, I believe this freeze will make a significant difference and it is fabulous to see that politicians have listened to all the lobbying about this."
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Mountain Monk Brewers, together with other smaller and independent brewers across the Alpine Shire including Bright Brewery had joined an Australia-wide chorus from the industry lobbying the government for excise relief.
Clubs Australia executive director, Rebecca Riant, said the excise cut, which only applies to beers poured in licensed venues, is great news for the hospitality industry and the millions of Australians who enjoy a few refreshing beers at their local club.
"We would call on the federal Opposition to adopt the same stance on excise, to provide certainty for industry and beer lovers across the country," she said.
Brewers Association of Australia chief executive officer, John Preston, said the measure takes effect at a time when help for Australia’s brewing and hospitality sectors is acutely needed.
“After more than 40 years of twice-yearly beer tax increases, which has given Australians the third highest taxed beer in the world, we welcome the Prime Minister’s decision to step in," Mr Preston said.
"Whilst this is a moderate change it will certainly make a difference for brewers and everyone who enjoys visiting their local for a beer.
“We hope now that the Coalition step up and also make a commitment to support small hospitality businesses and their customers with lower taxes."