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News.com.au
7 days ago
- Business
- News.com.au
PM will honour a big election promise as he moves to tackle cost of living
Anthony Albanese will move to freeze beer taxes on Thursday honouring his election pitch to tackle the cost of living. The Prime Minister confirmed during the election that 'we will freeze the indexation on draught beer excise for two years' in what he described as a win for beer drinkers and hospitality businesses. With schooners and pints tracking closer to $15 and $20 in major cities, publicans have expressed fears the steep prices are driving customers away. It follows warnings that a half of the cost of a $59.99 slab of Coopers Pale Ale was going to the taxman. On Thursday, the Albanese Labor Government will table tariff proposals to stop the excise and customs duty on beer from increasing from 1 August. The Albanese government has confirmed it will amend the legislation to temporarily pause the indexation on excise and customs duty. The pause on indexation for excise and customs duty will be in place for two years from 1 August 2025. The Albanese Government said that the excise and customs tariff proposals tabled in Parliament will be ratified by primary legislation to be introduced in coming months. However, the tariff proposal on Thursday will stop the price of beer increasing due to indexation until that freeze is legislated. 'Continuing to deliver cost of living relief to Australians is our number one priority,'' Mr Albanese told 'Freezing the excise on draught beer is a common sense measure that is good for beer drinkers, good for brewers and good for pubs.' Treasurer Jim Chalmers said the government remained focused on easing the cost of living for Australians. 'This will help take a bit of pressure off beer drinkers, brewers and bars,'' he said. 'Whether it's a tax cut for every taxpayer, help with energy bills, or the new relief that's rolling out this month like higher wages for award workers, we're doing everything we responsibly can to help with the cost of living.' understands the cost to the budget in tax revenue foregone will be $95 million over four years. But it's not all beer. It needs to be coming off tap in a licensed hospitality venue, so only schooners and pints of beer from your local watering hole will be blessed with a tax freeze. Those who prefer buying their beer, or any other alcohol, from the bottle-O can expect prices to keep rising. Last year Anthony Albanese said cutting beer taxes wasn't a priority for his government. 'We are not looking at that at the moment, but obviously in the lead-up to budgets, you have submissions and I'm sure that there'll be submissions along a whole range of ways,' he told 3AW. 'One of the things that we have to do though, is look at ways where we provide cost of living support, while putting downward pressure on inflation.' Health Minister Mark Butler was singing the same tune back then, insisting that the government's focus was on 'cheaper medicines, not beer'. Nationals leader's lonely call for action David Littleproud faced a backlash last year from senior Liberals after floating the prospect of a beer tax relief because the price was 'hitting a tipping point.' 'I'm part of the shadow expenditure review committee and our final taxation policy has not been determined,' he said. 'That will be determined by the National Party and the Liberal Party. That's why we'll be running the ruler over this. 'When we determine the taxation policy we'll take to the next election, it'll be a Coalition policy.' But the big idea was slammed down by the opposition treasury spokesman Angus Taylor. 'The starting point to reducing the pressure of indexation is to get inflation down,' Mr Taylor said. Opposition finance spokeswoman Jane Hume also wasn't a big fan. 'I always like the idea of free beer. But, unfortunately, that might not be the policy slogan that you'll be seeing us going into the election with,' she said. Ahead of the announcement, the Australian Hotels Association CEO Stephen Ferguson noted that beer and spirits tax quietly goes up twice a year every year and complained that the Government's only response is to refer pubs to the Australian Competition and Consumer Commission. 'Australia's beer tax is already the third highest in the OECD. There's also $38 tax on a $60 bottle of whisky or gin. That is outrageous and the voters are awake to it,'' Mr Ferguson said.


Auto Blog
11-07-2025
- Automotive
- Auto Blog
BMW drivers have highest DUI rate in largest U.S. cities: study
By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. That's Based On Analysis Of Insurance-Quote Data Driving under the influence (DUI) is still tragically common, and drivers of certain car brands are more likely to be offenders, according to a new study from LendingTree, which provides comparative quotes for car insurance, loans, and other financial products. Study was based on 'tens of millions' of insurance quotes from 2024 for the 50 largest cities in the United States, according to LendingTree. These were publicly-available quotes from insurer filings, which Lending Tree emphasizes are generic examples for comparative purposes. Rates for actual customers can vary depending on their circumstances. 2025 Audi S3 vs Mercedes-AMG CLA 35: the executive decision Watch More BMW Drivers Have Highest DUI Rate Source: Eric Thayer/Bloomberg via Getty Images LendingTree calculated the DUI rate per 1,000 drivers in major cities, and found it to be the highest for BMW drivers, at 3.09. Ram drivers were pretty close to the German automaker, at 3.00, followed by Acura drivers (2.69) and Audi and Volvo drivers (both 2.42). At other times other end of the spectrum, Mercury drivers had the lowest estimated DUI rate, at 0.86 cases per 1,000 drivers. However, given that the Mercury brand has been defunct for about 15 years, the results may be skewed by the likely smaller number of Mercurys on the road compared to other brands. Land Rover and Lincoln—two brands that are still around—had the next-lowest DUI rate, with both estimated at 1.16 DUIs per 1,000 drivers. Omaha Has Highest DUI Rate Among U.S. Cities Source: LendingTree The study also broke down DUI rates by city. Omaha, Nebraska, had the highest rate at 4.48 DUIs per 1,000 drivers. That's more than twice the average of 1.90 for all 50 cities studied. Most of the other cities in the top five were in California, including San Jose (3.68), Sacramento (3.55), and Fresno (3.31). Virginia Beach, Virginia, was fourth, with 3.46 DUIs per 1,000 drivers. Autoblog Newsletter Autoblog brings you car news; expert reviews and exciting pictures and video. Research and compare vehicles, too. Sign up or sign in with Google Facebook Microsoft Apple By signing up I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . You may unsubscribe from email communication at anytime. Chicago had the lowest DUI rate, at 0.45 per 1,000 drivers. Other cities with low DUI rates were Tulsa, Oklahoma, (0.65), Miami, Memphis, Tennessee, and Philadelphia, which all had a rate of 0.66 DUI cases per 1,000 drivers. EL Paso Has Highest Percentage Of Crashes Involving Drunk Drivers Source: LendingTree However, El Paso, Texas, had the highest percentage of fatal crashes involving a drunk driver. More than half (60.8%) of fatal crashes during the period studied involved a drunk driver, compared to a national average of 37.6%. El Paso was followed by Omaha (60.6%), Portland, Oregon, (54.7%), Fort Worth (51.9%), and Houston (49.3%). Milwaukee had the lowest percentage, at 22.9%, along with Miami (23.9%), and Tampa (24.5%). Younger Drivers More Likely To Be Caught Driving Under The Influence LendingTree also looked at DUI rates by age group, and found that younger drivers in the 50 largest U.S. cities tended to have higher rates than older ones. Breaking the results down by generation, the numbers declined as age increased. Gen Z drivers (defined as those aged 18 to 27 in 2024) in the 50 largest U.S. cities had a DUI rate of 2.62 per 1,000 drivers. Millennials (those aged 28 to 43 in 2024) had a DUI rate of 2.40 rate per 1,000 drivers. Rates took a big dip with Gen X (1.40), the Baby Boomers (0.76), and the Silent Generation (0.21). LendingTree noted that older people tend to be more risk-averse, but a comparison with average miles driven by generation might also be helpful here, as it likely varies depending on age. About the Author Stephen Edelstein View Profile


Daily Mail
10-07-2025
- Entertainment
- Daily Mail
BREAKING NEWS Justin Bieber makes shock album announcement... and the name is being blasted by fans
Justin Bieber made the shock announcement that he is releasing his seventh full-length album in a matter of hours and he has already received some backlash over it's name. The 31-year-old husband of Hailey Bieber has teased fans with his return to music with billboards with 'Swag' on them in major cities around the world. Presumably 'Swag' - which has already been blasted online - will be the name of the album - but no confirmation has been made as of yet. has reached out to representatives for Bieber and Def Jam Records and have yet to hear back. The singer's last album release was Justice back in March 2021.
Yahoo
09-07-2025
- Business
- Yahoo
Vancouver rents down by nearly 5%, but many tenants not feeling relief
Data released by the Canada Mortgage and Housing Corporation reveals advertised rents in major cities are coming down, and Vancouver is leading the way with a nearly five per cent decrease. As Michelle Ghoussoub reports, it is welcome news to renters, but affordability remains a challenge.

CTV News
25-06-2025
- Business
- CTV News
Here's how much you need to earn to afford a home in these 13 Canadian cities
Affordability declined in most major housing markets in May, according to latest affordability report, with eight of 13 major cities becoming less affordable. However, four became more affordable, with a couple by large margins. Here's how much money you need to make to live in 13 major cities across Canada. Published: