Tag: alcohol
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Like popping a Champagne cork straight back in your face
The alcopop tax saga has come to a close. After fierce lobbying by Big Alcohol in the lead up to the vote in the Senate, the bill was finally shot down when Family First Senator Stephen Fielding joined forces with the Opposition. And really it’s a bit like when you leave a beer in the…
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Taxing the Teenagers
In the last couple of days there have been developments in a story I’ve been following – the tax on alcopops. You might recall I was skeptical whether the increased tax on the drinks would reduce binge drinking amongst young people. I’ve been proved right a couple of times, the most recently by a report…
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Smirnoff Ice is Dead, Long Live the Smirnoff
Well done to Jessica Irvine, Economics Correspondent at the Sydney Morning Herald, who actually did some research before she wrote something. Love0 Share Tweet Share Pin
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Taxing the Night Away
I’m sure that Federal Treasurer Wayne Swan’s heart is in the right place. He thinks a 7o% increase in the price of pre-mixed alcoholic drinks, like Bacardi Breezers and Vodka Cruisers, is going to decrease the amount of binge drinking that teenagers do. I’m not so convinced. Probably the best he can hope for is…