Big Alcohol Reveals Dependence on Cheap Alcohol in New Zealand, Battles Against Alcohol Tax Rate Adjustment to Inflation RatePosted June 17 2022
The excise tax rate on alcohol is adjusted to inflation annually in New Zealand. With inflation rising this means alcohol taxes will also rise.
But Big Alcohol is dependent on cheap alcohol to maximize profits in NZ. Therefore, the alcohol industry is lobbying against the tax increase and is instead pushing for a tax reduction or a halt on the alcohol taxes.