SKIP TO MAIN CONTENT

Alcohol gives govt $6bn tax windfall

A new study shows the sale of alcohol returns $6 billion to the federal budget, with tax rates widely ranging between products.

Bottles of bourbon in a Melbourne pub
The federal government reaps an average $36.50 in tax from the sale of each litre of alcohol. (AAP)

1 min read

Published

Updated

Source: AAP


Skip to article content

The federal government reaps an average $36.50 in tax from the sale of each litre of alcohol, a study says.

A Parliamentary Budget Office report released on Wednesday showed alcohol taxes returned $6 billion to the federal budget in 2014/15.

Taxes range from as low as $1.71 a litre for low-strength non-commercial beer to $79.38 for spirits and ready-to-drink beverages.


Get SBS News straight to your inbox

Sign up now for daily news from Australia and around the world. You can also subscribe to Insight's weekly newsletter for in-depth features and first-person stories.

By subscribing, you agree to SBS’s terms of service and privacy policy including receiving email updates from SBS.

Follow SBS News

Download our apps

Listen to our podcasts

Get the latest with our News podcasts on your favourite podcast apps.

Watch on SBS

SBS World News

Take a global view with Australia's most comprehensive world news service

Stream now

Watch the latest news videos from Australia and across the world