Alcohol prices set in increase in Australia because of Australian Taxation ...

Alcohol prices set in increase in Australia because of Australian Taxation ...
Alcohol prices set in increase in Australia because of Australian Taxation ...
Warning the price of booze could SKYROCKET with a case of one of Australia's favourite beverages to cost $20 more in coming years due to tax hikes Australian consumers could soon pay more for alcohol thanks to new 'tax hikes' Australian Taxation Office currently raise alcohol manufacturer tax twice a year  Recent increase from $88.91 per litre of pure alcohol to $90.78 from next month Foundation for Alcohol Research and Education called raise a 'slap in the face'

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The price of some of Australia's favourite beverages could soon skyrocket thanks to tax hikes on booze.  

Liquor industry lobby group, Spirits and Cocktails Australia, claims a case of Bundaberg rum and cola could increase by more than $20 over the next decade due to the tax hikes.

The group has called for bi-annual tax increases on pure alcohol to stop for three years to give producers a break. 

Twice a year the Australian Taxation Office raise excise duty rates for alcohol and this week announced an increase from $88.91 per litre of pure alcohol to $90.78 from next month

Twice a year the Australian Taxation Office raise excise duty rates for alcohol and this week announced an increase from $88.91 per litre of pure alcohol to $90.78 from next month

Twice a year the Australian Taxation Office raise excise duty rates for alcohol and this week announced an increase from $88.91 per litre of pure alcohol to $90.78 from next month. 

Excise duty refers to the tax manufacturers pay for producing certain goods. 

If the trend of recent 'tax hikes' continue the costs of alcoholic goods for Australians is also likely to increase.

Over the next decade the price of a 24 pack of Bundaberg rum and cola could skyrocket to $100

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