Another brewery has closed its doors during a brutal year for craft beer in Australia. Golden West Brewing Co in Perth has collapsed and gone into voluntary administration. Golden West was established […]
Award-winning Perth brewery collapses
Drinks industry sees profit margin uptick
Australian beverage manufacturers ended last year with a strong $2.93 profit margin on each dollar invested in Q4 2023, according to a new report from inventory management software provider Unleashed. Unleashed said the beverage industry’s Q4 […]
Drinks industry battles carbon dioxide shortage
Shortages of carbon dioxide (CO2) are leading to supply issues for soft drinks and carbonated mixers in Australia. Home-brand soda water and lemonade are among the worst affected, with approximately 20 Woolworths […]
New investors and CEO for Gravity Drinks Co
Gravity Drinks Co. has celebrated an exciting start to 2024, with a successful $1 million capital raise and the appointment of a new CEO. The company said the new investment will power […]
Revenue boost for embattled Mighty Craft
Mighty Craft has revealed its financial results for the half-year ended 31 December 2023, which show revenue from continuing operations of $28.8 million, up 25% versus prior corresponding period. Better Beer sales […]
Swift fans turbocharge revenue in Aussie bars & pubs
NAB data has revealed that the seven Taylor Swift concerts in Melbourne and Sydney generated more than $300 million for Australian economy, with fans providing a huge uplift to revenue for bars […]
Fair Trading probe closes online drinks retailer
One of NSW’s most complained about online alcohol retailers has shut down its two websites following Newscorp and NSW Fair Trading launching investigations into the business. Owner Vihang Gandhi disabled both liquorkart.com.au […]
The key trends driving hospitality growth in 2024
New data shows environmentally friendly initiatives, wider menu choices, alcohol-free beverages and the use of AI are the top four trends in hospitality for 2024. The 2024 Hospitality Insights and Dining Dynamics report by […]
China tariffs drive Salena Estate into administration
Major Riverland wine producer Salena Estate Wines has entered voluntary administration, with China’s crippling tariffs blamed for its financial woes. The winery has been owned by Bob and Sylvia Franchitto since 1998 and was […]
Cost-of-living pressures impact Coles liquor sales
Coles Group has reported liquor sales revenue of $2 billion for the first half of FY24, an increased by 1.8%, with sales revenue growth in the second quarter of 1.9%..“During the half, […]
