Release: “Un-Australian” beer price hike will crush small businesses, advocacy group warns

A hefty tax hike on beer sold in commercial venues has been dubbed a “death sentence” for small hospitality venues by advocacy group Australian Taxpayers’ Alliance. The price of a schooner in Australia is bound to rise as venues pass on the impacts of the increased tax to patrons. Already, around 42 per cent of the price of a beer is tax, leaving only a tiny portion to the venue.

Covid-19, Tax hikeGuest User17 February 2022beer tax, taxes, small business, hospitality, tax hike

Release: ACCC’s move to ban “price gouging” could have disastrous consequences

Despite the good intention behind the idea, attempts to stop retailers from “price gouging” or raising the price of highly sought after Covid-19 RATs will only lead to a greater shortage of stock, exacerbate stockpiling and possibly create a black market.

economics, Covid-19Guest User21 January 2022price gouging, RATs, rapid antigen tests, Covid-19, ACCC, price ceiling