MYEFO highlights need for alcohol tax reform

Today’s announcement of a $47 billion dollar deficit in the Mid-Year Economic and Fiscal
Outlook (MYEFO) highlights the need for urgent reform of alcohol taxes to secure some
much-needed revenue from alcohol sales, according the distilled spirits industry.


Tim Salt, Chairman of the Distilled Spirits Industry Council of Australia, today said that
“According to the Henry Tax Review, moving to a single volumetric tax system could add an
extra $1.8 billion in revenue per year. Given the news of today’s $47 billion deficit, we think
it’s time for the Government to take a serious look at reforming the alcohol tax system.”

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Australia's alcohol taxation needs reforming so all consumers and producers are treated equally. The Henry Tax Review shows how.

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