Statement on Australia-UK Free Trade Deal

Alcohol Beverages Australia welcomes the signing of the Free Trade Agreement between Australia and the United Kingdom.

Chief Executive Officer, Andrew Wilsmore said  “the finalisation of the Australia-UK Free trade deal brings considerable benefits to drinks producers in both countries and to their consumers.

“The FTA is estimated to see $43 million in annual customs duties removed from Australian wine when the agreement enters into force, which will help strengthen Australia’s position in this key export market and go some way in making up for the challenges imposed by China’s recent tariff increases.

“Australia is the 8th biggest market for Scotch whisky exports, so Australian lovers of scotch whisky will also benefit from the five-year phase out of the 5% tariff Australia has on scotch whiskey.

“The 2030 Vision for the Alcohol Beverages Industry set an ambitious plan to double Australian exports. Reducing trade barriers enhances our ability to direct costly tariffs towards investment in capital and people to help grow the economy.”

« BACK TO ALL NEWS

Cost of Alcohol study to drive resources to cultural change

Alcohol Beverages Australia, and the industry more broadly, are very supportive of reducing the harmful impacts of drinking. These latest cost estimates show that some of the figures reflect the impacts of alcohol from years and perhaps decades of misuse, offsetting...

Statement on alcohol beverage supply chain disruptions

CEO of Alcohol Beverages Australia, Mr Andrew Wilsmore, said “The good news for Australians is that there will still be plenty of drinks to choose from when they visit their local bottleshop, pub, club or restaurant this festive season. “Some products, however, may...

ABA appoints new executive team following 2021 AGM

Alcohol Beverages Australia has elected a new Executive Committee at its Annual General Meeting hosted on November 30 in Sydney. Mr Greg Holland, CEO of Spirits & Cocktails Australia has been elected as the new ABA Chair; with Mr Tony Battaglene, CEO of Australian...

Media Archive

Send this to a friend