Australia’s independent brewing boom
The number of independent brewing companies operating in Australia has increased tenfold over the last decade says a new report commissioned by the Independent Brewers Association (IBA).
According to the report which explores Australia’s independent brewing industry, Australia has gone from having 30 independent brewing businesses in 2006 to 380 in 2016.
“Importantly, growth has been across all business types, highlighting ongoing expansion in small, medium and large brewing operations,” the report said.
Rural and regional concentration
The report found that 65 per cent of all independent brewers are located in either regional or rural Australia.
In 2015/16, independent breweries created 2, 390 full time equivalent jobs and supported 17, 210 full time jobs in the wider economy.
Independents only account for a small amount of brew
Independent breweries are only making 3 per cent of all beer consumed in Australia.
In 2015/16, the industry produced 59 million litres of beer, generating AUD $275 million in sales revenue.
Call for tax reforms
The report said in order for the industry to continue to grow, greater government support is needed.
“In order to continue to grow the independent brewing sector in line with similar examples overseas, improved government support is required in terms of current tax settings with regard to lowering excise levels and providing subsidies similar to those assisting small wine producers under the Wine Equalisation Tax (WET) rebate,” the report said.
- Small brewers seek independence from big beverage companies
- Craft beer’s popularity in Australia continues to grow
The winners of the 2017 South Australian Food Industry Awards have been announced.
It is easy to be critical of just about anything, much harder to be constructive, and make suggestio...
Australian Food News team experts has come up with five ideas to consider in 2017.
Donut King has released a line of premium doughnuts called ‘The Royal Range’.
FRESH from causing trouble in Australian supermarkets, a 100 per cent plant-based “meat” is at the c...
Australia Post has opened its first concept store for Australian-based daigou shoppers.
Bulla has extended its 2L Nut Free Ice Cream offering into 10L foodservice packaging for use across ...
Leading consulting firm KPMG and the New South Wales Farmers Association have found that there is hi...