Coopers warns beer is losing its recession-proof status
Managing director Michael Shearer says excise rises and cost-of-living pressures are making drinkers more hesitant, with a carton regularly costing more than A$65.
Coopers Brewery, Australia’s third-largest brewer, says packaged-beer excise increases and household cost pressures are weighing on consumers. The West Australian
Managing director Michael Shearer says beer is losing its recession-proof status as customers become more hesitant to buy it. The Australian Financial Review
A carton of beer now regularly costs more than A$65, according to Shearer. The Australian Financial Review