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Government’s new liquor production edict only benefiting brew pubs

Government’s new liquor production edict only benefiting brew pubs

14 Sept 01:46 Key points summarised by AI
  • A new government edict on alcoholic beverages primarily benefits brew pubs, anticipating an increase in their numbers.
  • Small investors face significant new hurdles, such as mandatory environmental impact assessments and the installation of costly standard machinery for tax recording, despite the removal of minimum capital and production restrictions.
  • The edict is not expected to reduce liquor or beer prices, as existing taxes remain unchanged, which would only cut producer profits if prices were lowered.
  • An industry expert suggests the government's policy creates an impression of opening the liquor industry to small investors, while effectively maintaining barriers for those without strong financial backing.
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