The Newstead Brewing Company says Brissie craft beer won’t be getting any cheaper following a federal excise duty cut.
Meaning from the $1 million of annual tax the brewery pays it will only receive $70 000 back, and the chief executive Mark Howes says this cut will have minimal advantages as the company continues to grow.
Mr Howes says craft brewers should receive the same support as wine makers, who can get $350 000 back through the wine equalisation tax.