Taxes and Inflation Making Alcohol a Luxury as Brewer Slams $65 Slabs

Taxes and inflation making alcohol a luxury as brewer slams $65 slabs

Michael Shearer, the managing director Coopers Brewery, has taken aim at government excise increases as the standard price of a slab of beer hits $65.

Coopers Brewery lifts profit but chases excise relief

Australia’s third-biggest brewer has expressed concern about the Federal Government’s twice-year excise increases on packaged beer as cost-of-living pressures increasingly weigh on households.

Beer no longer ‘recession-proof’ as slabs push past $65

The boss of Coopers Brewery, owned by 219 extended family shareholders, says inflation and high price tags are making drinkers of the beverage think twice.

Coopers reports beer sales growth for third straight year

Management said the business delivered "outstanding results" despite a relatively subdued national beer market.

Coopers records third consecutive year of sales growth

Coopers Brewery has recorded its third consecutive year of sales growth, thanks to increased demand from pubs and clubs lifting beer volumes.

Beer demand pours on despite pressures

Coopers MD Michael Shearer. Image: Coopers BreweryCoopers Brewery has recorded its third consecutive year of overall sales growth, with beer volumes reaching 82.5 million litres in … The post Beer demand pours on despite pressures appeared first on Food & Beverage Industry News.