Analysts believe the Australian beer and wine company, Foster’s Group, is aiming to achieve in excess of A$100m in gross cost savings across its Carlton & United Breweries (CUB) subsidiary, its hotel operations and its Continental Spirits division.

CUB managing director, Trevor O’Hoy, said yesterday that net cost savings of at least A$50m announced on Tuesday would hit the bottom line over five years. However, O’Hoy declined to give the company’s gross cost savings target for its supply chain review. Unions are concerned about job cuts which will come with the cost savings programme.

Just Drinks Excellence Awards - Nominations Closed

Nominations are now closed for the Just Drinks Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
De Kuyper Royal Distillers’ De Kuyper Batched 0.0% range has won both Innovation and Product Launches honours in the 2025 Just Drinks Excellence Awards. Learn how these premium, non-alcoholic RTD cocktails help operators serve consistent, bar-quality drinks while tapping fast-growing demand for sophisticated alcohol-free options.

Discover the Impact