Beer excise puts brewers over a barrel

Original article by Andrew Main
The Australian – Page: 15 : 15-Jan-15

Tim ­Cooper, CEO of family-owned South Australian company Coopers Brewery, has criticised the biannual excise indexation for beer. The tax now accounts for $A15 of the price of a carton of beer, and Cooper argues that this has contributed to a decline in consumer demand in the sector of 8.4% between 2008 and 2014. However Coopers has managed to lift sales to 77.3 million litres in 2014, up 7% year-on-year, and to boost its market share to 5%. The core Original Pale Ale product is supplemented by overseas labels brewed under licence, such as Sapporo and Carlsberg

CORPORATES
COOPERS BREWERY LIMITED, SAPPORO HOLDINGS LIMITED, CARLSBERG A/S, KRONENBOURG, LION PTY LTD, KIRIN HOLDINGS COMPANY LIMITED, SABMILLER PLC

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