This year's federal budget has introduced a number of tax changes relevant to brewers, which the IBA says is largely welcome news for members, while hoping further excise reform could be on the way.
The Federal Government today announced that the excise refund cap for breweries and distilleries will increase from $100,000 to $350,000, with the decision welcomed by the Independent Breweries Association.
Changes to alcohol excise for breweries announced in May 2018 come into effect on July 1, 2019. We asked people in the business of brewing, selling and moving beer about the impact the changes will have.
Friday knockoff beers for small brewers and their supporters will taste a whole lot better this week after the Government announced proposals in next week's Budget that could save them tens of thousands of dollars in excise tax each year.
In today's increasingly polarised society, it takes something special to bring opposing factions together. Maybe craft beer can be the answer. This week saw Labor and Liberal politicians unite to call for fairer treatment of and greater support for craft brewers.