Australians are set to pay more for beer as a new tax comes into effect, with industry leaders demanding action from the government so a visit to the pub does not become an unaffordable luxury.
Chief Executive John Preston said the excise on beer is now “becoming out of control”.
Mr Preston demanded action from the federal government so that a visit to the pub does not become out of reach for families. “We don’t believe these increases are now actually raising any more money for the Government,” he said.“While the Treasurer inherited these automatic half-yearly beer tax increases, we’re calling on the Government to step in and take some action before a trip to the pub or a dinner out with the family becomes an unaffordable luxury for most Australians.”
This comes as the Reserve Bank meets on Tuesday to determine whether or not to lift the interest rate, following fresh inflation data.While the annual rise in the cost of goods significantly dropped from 7.6 per cent in March to 5.8, services inflation is at the highest level – 6.3 per cent – since 2001.
The Australian Bureau of Statistics said increases in rental prices , restaurant meals , holiday travel and insurance were the main drivers of significant services inflation rise.
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