00:00:00
Speaker 1: The Albanezi government is it looks like they will have enough support to pause the indexation of customs duty rates for draft beer for two years. The layman's language for this is your beer prices went up twice every year in line with inflation. So whenever we talked about inflation three point seven percent, two point nine whatever it might well have been, it's all been above two to three percent. As we know at the moment. That was the price that was being artificially added on to the to the to when you went and bought a beer twice every year.
00:00:33
Speaker 2: So does the government does the application of x sise which makes the price of beer go up, Does that then become something that's factored into the reserve banks thinking about inflation, So they go, hang on, all that's that's there's something else that's gone. So the government through its own excise is actually creating inflation.
00:00:50
Speaker 1: It inflation double or it's a double whammy then, because it's so this is how much everything's going up, So let's whack up beer by that amount artificially twice per year. Well, it's going to be paused for a couple of years, which, frankly, it should just be done away with all together. I think Martin Palmer from Palmer Hotel Group joins us. I imagine you agree.
00:01:10
Speaker 3: Martin absolutely, morning guys, and to your listeners. Yeah, no, Look, it's if it can find its way through to legislation. I think it would be a fantastic thing for pub for pub drink as well. We might not see an effect immediately, we certainly will over two years. And as you rightly point out, I mean it's almost like a multiplier effect on inflation, and obviously it's a massive multiplier effect on the price of beer in pubs people that like to drink in pubs, which is which is a really important point too. I think that it's an acknowledgment that you know the cultural role that pubs pubs play and we need to keep that relevant.
00:01:55
Speaker 1: Well, two things are a statistical fact, people have never drunk less since we've recorded it, and people are less sociable than neve ever been. There are huge social arguments in favor of not putting up cost barriers to this kind of behavior.
00:02:09
Speaker 3: Well, look, I mean the one place that people can definitely drink and do drink responsibly are in licensed venues, and I mean that's a really important point. Let's not forget that about seventy percent of all alcohol is actually bought takeaway, so it's consumed you know, in the backyard and barbecues, which is fantastic, but it was also consumed in homes and that's where a lot of damage can possibly happen. So you know, the more that we encourage people to get back and drink responsible in hotels is a win for all of those things, I think.
00:02:43
Speaker 2: But it's just getting ridiculous. I mean, you know, I think back to thirty years ago. If you spoke the mates had been to Europe, they go, crikey. You know, I bought a beer in London. You wouldn't believe that it was seven dollars or something. You know, remember people used to marvel how expensive drinks were. Like, I can't think of a country. I don't know, maybe Brunei, where you know, places have got shahi. A law might make it more expensive deliberately on policy grounds. But I can't think of any other part of the world that where beer is more expensive than Australia. Like in Barcelona. I was a few years back in the July break a beer was like three euros. Not really good hotels. It's not six bucks.
00:03:22
Speaker 1: What would What's what's the average price of a pint over the bar at the moment? Do you reckon, Martin?
00:03:28
Speaker 3: Between ten and ten and twelve dollars broadly depending on where you go. But I mean, I've got I've got sons who are in their twenties, and I mean I see it firsthand. And the front of mind is it's too expense. You know, sometimes it's too expensive to go to the pub. They can't, they can't, can't do it all the time. But they want to be social and they want to go out, so they tend to, you know what they what's generally known as pre load, which is not fantastic sometimes and then and then might go out for while, but you know which is and it also drives them away to I'm not saying this sorry my sons, of course, but you know, generally it can drive them away from from a sort of less impactful alcohol too. That beers five percent, four and a half five percent things are there twelve thirteen percent. That's not healthy either necessarily.
00:04:20
Speaker 2: Yeah, yeah, no, that's that's very true. Everything you say, Martin, Martin Palmer, they're managing director of the Palmer Hotel Group. Thanks for joining us this morning. It is just ridiculous, isn't it? How expensive it's gone.
00:04:32
Speaker 1: Well, this is it's a good example of the kind of thing. Maybe it was broad in a time when alcohol consumption was was growing at a rate there was real health public health concerns about it, and so much and so forth. But when these measures are brought in, it's really hard for governments to wean them off them, win themselves off them when they become a revenue stream and there is no public health imperative for this anymore.
00:04:51
Speaker 2: Well, you know, I would say I was talking ABOUTE about this yesterday. He texted in about it. The fact that Australia is too has a luxury car text tells you all you need to know.
00:05:00
Speaker 1: Well, that's a that's another. It's a classic example astralogy.
00:05:03
Speaker 2: The reason we have a luxury car tax is to defend the domestic production of motor vehicles. It's to keep places like Mitsubishi and Holden afloat.
00:05:15
Speaker 4: Yeah, like getting rid of a tax is like getting chewing your Temporary temporary measures for governments that are revenue streams are like temporary hits for drug addicts.
00:05:26
Speaker 1: It's like no, no, just this one, just this one, just need one more fixed. Yeah, that's right, just one more little bit of one more bump of luxury car tax.
00:05:33
Speaker 2: These treasures the equivalent of the people lying in some highly street alleyways scratching their arms.
00:05:39
Speaker 1: It's there's a cartoon there
Speaker 1: The Albanezi government is it looks like they will have enough support to pause the indexation of customs duty rates for draft beer for two years. The layman's language for this is your beer prices went up twice every year in line with inflation. So whenever we talked about inflation three point seven percent, two point nine whatever it might well have been, it's all been above two to three percent. As we know at the moment. That was the price that was being artificially added on to the to the to when you went and bought a beer twice every year.
00:00:33
Speaker 2: So does the government does the application of x sise which makes the price of beer go up, Does that then become something that's factored into the reserve banks thinking about inflation, So they go, hang on, all that's that's there's something else that's gone. So the government through its own excise is actually creating inflation.
00:00:50
Speaker 1: It inflation double or it's a double whammy then, because it's so this is how much everything's going up, So let's whack up beer by that amount artificially twice per year. Well, it's going to be paused for a couple of years, which, frankly, it should just be done away with all together. I think Martin Palmer from Palmer Hotel Group joins us. I imagine you agree.
00:01:10
Speaker 3: Martin absolutely, morning guys, and to your listeners. Yeah, no, Look, it's if it can find its way through to legislation. I think it would be a fantastic thing for pub for pub drink as well. We might not see an effect immediately, we certainly will over two years. And as you rightly point out, I mean it's almost like a multiplier effect on inflation, and obviously it's a massive multiplier effect on the price of beer in pubs people that like to drink in pubs, which is which is a really important point too. I think that it's an acknowledgment that you know the cultural role that pubs pubs play and we need to keep that relevant.
00:01:55
Speaker 1: Well, two things are a statistical fact, people have never drunk less since we've recorded it, and people are less sociable than neve ever been. There are huge social arguments in favor of not putting up cost barriers to this kind of behavior.
00:02:09
Speaker 3: Well, look, I mean the one place that people can definitely drink and do drink responsibly are in licensed venues, and I mean that's a really important point. Let's not forget that about seventy percent of all alcohol is actually bought takeaway, so it's consumed you know, in the backyard and barbecues, which is fantastic, but it was also consumed in homes and that's where a lot of damage can possibly happen. So you know, the more that we encourage people to get back and drink responsible in hotels is a win for all of those things, I think.
00:02:43
Speaker 2: But it's just getting ridiculous. I mean, you know, I think back to thirty years ago. If you spoke the mates had been to Europe, they go, crikey. You know, I bought a beer in London. You wouldn't believe that it was seven dollars or something. You know, remember people used to marvel how expensive drinks were. Like, I can't think of a country. I don't know, maybe Brunei, where you know, places have got shahi. A law might make it more expensive deliberately on policy grounds. But I can't think of any other part of the world that where beer is more expensive than Australia. Like in Barcelona. I was a few years back in the July break a beer was like three euros. Not really good hotels. It's not six bucks.
00:03:22
Speaker 1: What would What's what's the average price of a pint over the bar at the moment? Do you reckon, Martin?
00:03:28
Speaker 3: Between ten and ten and twelve dollars broadly depending on where you go. But I mean, I've got I've got sons who are in their twenties, and I mean I see it firsthand. And the front of mind is it's too expense. You know, sometimes it's too expensive to go to the pub. They can't, they can't, can't do it all the time. But they want to be social and they want to go out, so they tend to, you know what they what's generally known as pre load, which is not fantastic sometimes and then and then might go out for while, but you know which is and it also drives them away to I'm not saying this sorry my sons, of course, but you know, generally it can drive them away from from a sort of less impactful alcohol too. That beers five percent, four and a half five percent things are there twelve thirteen percent. That's not healthy either necessarily.
00:04:20
Speaker 2: Yeah, yeah, no, that's that's very true. Everything you say, Martin, Martin Palmer, they're managing director of the Palmer Hotel Group. Thanks for joining us this morning. It is just ridiculous, isn't it? How expensive it's gone.
00:04:32
Speaker 1: Well, this is it's a good example of the kind of thing. Maybe it was broad in a time when alcohol consumption was was growing at a rate there was real health public health concerns about it, and so much and so forth. But when these measures are brought in, it's really hard for governments to wean them off them, win themselves off them when they become a revenue stream and there is no public health imperative for this anymore.
00:04:51
Speaker 2: Well, you know, I would say I was talking ABOUTE about this yesterday. He texted in about it. The fact that Australia is too has a luxury car text tells you all you need to know.
00:05:00
Speaker 1: Well, that's a that's another. It's a classic example astralogy.
00:05:03
Speaker 2: The reason we have a luxury car tax is to defend the domestic production of motor vehicles. It's to keep places like Mitsubishi and Holden afloat.
00:05:15
Speaker 4: Yeah, like getting rid of a tax is like getting chewing your Temporary temporary measures for governments that are revenue streams are like temporary hits for drug addicts.
00:05:26
Speaker 1: It's like no, no, just this one, just this one, just need one more fixed. Yeah, that's right, just one more little bit of one more bump of luxury car tax.
00:05:33
Speaker 2: These treasures the equivalent of the people lying in some highly street alleyways scratching their arms.
00:05:39
Speaker 1: It's there's a cartoon there
