The Albanese Labor Government will freeze the indexation on draught beer excise for two years, in a win for beer drinkers, brewers and hospitality businesses.<\/p>\n\n\n\n
Indexation is applied twice a year under arrangements in place for decades. While the February indexation accounted for a small percentage of the cost of a pint, this change will help pubs and their patrons.<\/p>\n\n\n\n
We will freeze indexation on draught beer for two years from the next indexation date of August 2025.<\/p>\n\n\n\n
This will take pressure off the price of a beer poured in pubs, clubs and other venues, supporting businesses, regional tourism and customers across Australia.<\/p>\n\n\n\n
The Government will consult with the sector on the implementation of this measure.<\/p>\n\n\n\n
This announcement comes on top of new tax relief announced last week for Australia\u2019s distillers, brewers and wine producers.<\/p>\n\n\n\n
Currently brewers and distillers get a full remission of any excise paid up to $350,000 each year.<\/p>\n\n\n\n
We will increase the excise remission cap to $400,000 for all eligible alcohol manufacturers and we will also increase the Wine Equalisation Tax producer rebate cap to $400,000 from July 1 2026.<\/p>\n\n\n\n
\u201cMy Government is building Australia\u2019s future and to do that we need to support our small and medium local businesses to thrive.<\/p>\n\n\n\n
\u201cFreezing the excise on draught beer is a common sense measure that is good for beer drinkers, good for brewers and good for pubs.\u201d<\/p>\n\n\n\n
“This is a modest change but will help take a little bit of the pressure off beer drinkers, brewers and bars.”<\/p>\n","protected":false},"excerpt":{"rendered":"
The Albanese Labor Government will freeze the indexation on draught beer excise for two years, in a win for beer drinkers, brewers and hospitality businesses. Indexation is applied twice a year under arrangements in place for decades. While the February indexation accounted for a small percentage of the cost of a pint, this change will … Continue reading “Albanese Labor Government to freeze draught beer excise”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-31643","post","type-post","status-publish","format-standard","hentry","category-aussie"],"_links":{"self":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/31643","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/comments?post=31643"}],"version-history":[{"count":1,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/31643\/revisions"}],"predecessor-version":[{"id":31644,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/posts\/31643\/revisions\/31644"}],"wp:attachment":[{"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/media?parent=31643"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/categories?post=31643"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.16news.com.au\/index.php\/wp-json\/wp\/v2\/tags?post=31643"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}