NEW ZEALAND: Producers to take advantage of tax increase
Reports from New Zealand claim that producers are taking advantage of the new levy of alcohol tax by increasing the prices of both beer and spirits by more than the new tax. To account for inflation the annual increase of excise tax goes up from today by 3.1% according to a report by the New Zealand Herald newspaper. However, the report also claims that prices are likely to go up by more than this for many drinks as the liquor industry takes the opportunity to pass on other price rises.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 16 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Five ways small brands can beat big players
- Interview, Bulldog Gin CEO Anshuman Vohra, Pt II
- Will Coca-Cola Co’s Dunkin’ Donuts move pay off?
- Heineken's Q3 2016 results - Preview
- Analysts upbeat on Pernod Ricard's US success
- Diageo weathers Thailand alcohol ban
- Bacardi rolls out new Oakheart rum packs to US
- Seedlip eyes global growth with export deal
- SWA's David Frost to leave for foreign office role
- Stock Spirits appointments provoke investor unrest
- Global gin insights - market forecasts, product innovation and consumer trends
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Global rum insights - market forecasts, product innovation and consumer trends
- Global Wine Market 2016-2020
- Global RTD insights - market forecasts, product innovation and consumer trends