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BEER’S $16.5BN CONTRIBUTION TO AUSTRALIA’S ECONOMY Australian beer has been shown to be a huge supplier of local jobs, as well as a major economic driver and large revenue raiser for the government in the latest data from the Brewers Association of Australia. The economic analysis by ACIL Allen Consulting shows that 84 per cent of all beer sold in Australia is made in Australia. As a result of that domestic production there is support for almost 103,000 full-time Australian jobs and $16.5bn a year in economic activity. “Raising a glass is a part of who we are. Beer is a major ingredient in what brings families, friends, colleagues and entire communities together. But it is also an important lubricant for our economy at national, state and local levels,” Brewers Association of Australia CEO Brett Heffernan said. “While the data for 2017-18 has tracked down slightly since 2015-16, mainly due to an increase in imports (up from 14 per cent to 16.2 per cent), beer in Australia is predominantly a domestic industry, with the three major local brewers (CUB, Lion and Coopers) accounting for 79.4 per cent of sales volume. “Locally brewed beer, independent of its flow-on effects through the broader economy, supports 12,564 full-time Australian jobs in its direct supply chain and generates almost $6bn in economic activity.” Heffernan added: “When you add in the jobs and economic inputs beer drives across agriculture (primarily malting barley and hops); the broader supply chain, including manufacturing, packaging and transport sectors; through to pubs, clubs, cafes, restaurants and retailers; beer production in Australia generates a massive 102,816 full-time equivalent jobs and $16.5bn a year to the economy. “Every Australian schooner of beer sold in pubs and other licensed premises contributes $6.46 to GDP. “The 2017-18 data on beer taxes is telling. Australian beer drinkers poured $3.613bn into government coffers – that’s just over $2bn in excise and $1.6bn in GST. Australian Government tax is the single biggest cost in the price of a beer. “Demand for light and mid-strength beers has remained constant at 26.5 per cent of sales volume, however, the trend to lower strength beers has seen full-strength beers sold in Australia average 4.4 per cent alcohol by volume, down from the once typical five per cent. “The Australian Bureau of Statistics reports that Aussies are drinking less alcohol today than at any point in the last 55 years, with 84 per cent of us drinking within recommended guidelines. That’s very positive cultural change.”
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Liquor & Gaming NSW has published its latest gaming machine data updates, which detail the gaming machine numbers and net profit for each NSW local government area as well as the net profit rankings for all NSW venues with gaming machines. LGNSW publishes the data every six months which it says is “part of the NSW Government’s commitment to boost transparency on gambling activity in local communities.” The latest reports cover 1 June 2018 to 30 November 2018 for clubs and 1 July 2018 to 31 December 2018 for hotels. LGNSW said that “due to seasonal factors, gaming machine profits are historically higher in the second half of each calendar year”. For this period the most profitable hotel in NSW was the Cross Roads Hotel in Casula, while the most profitable club was Mount Pritchard & District Community Club (trading as Mounties). Top 10 gaming machine net profit hotels in NSW: 1. Cross Roads Hotel, Casula 2. Railway Hotel, Lidcombe 3. Markets Hotel, Flemington 4. Meridian Hotel, Hurstville 5. The Crown Hotel, Revesby 6. El Cortez, Canley Heights 7. Campsie Hotel, Campsie 8. Twin Willows Hotel, Bass Hill 9. Royal Oak Hotel, Lidcombe 10. Pritchards Hotel, Mount Pritchard Read the full story online at: http://bit.ly/GamingTop10
Gaming room at The Glebe Hotel
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