Reported at theconversation.com: The Albanese government will implement a two-year freeze on the indexation of draught beer excise, beginning from the next indexation date in August, which the government claims will benefit drinkers, brewers, and businesses.
This decision is projected to cost the budget $95 million over four years and follows calls from the Australian Hotels Association for relief from rising costs due to high excise tax rates.
Additionally, the government plans to increase the excise remission cap for brewers and distillers from $350,000 to $400,000 and raise the Wine Equalisation Tax producer rebate cap to the same amount starting July 1 next year.