Articles published under the media release byline are news produced by the relevant business and remain unedited by Brews News. This media release was circulated by Alcohol Beverages Australia.
Australian Government’s Food and Beverages manufacturing roadmap offers significant opportunities for beer, wine and spirit producers
“Alcohol Beverages Australia welcomes today’s release of the Food & Beverage National Manufacturing road map. The proposed funding and strategies will serve as a much-needed relief to our brewers, distillers, and winemakers, especially those in regional Australia,” Andrew Wilsmore, Chief Executive Officer of Alcohol Beverages Australia said.
This roadmap complements a number of industry goals and policy partnerships outlined in the Alcohol Beverage Industry’s 10-year growth plan, Vision 2030, which launched earlier this month.”
“In 2019-20 the alcohol manufacturing sector invested $465 million in capital expenditure with investment in the sector growing by an average of 6.7% per year over the last five years compared to Australia’s total non-mining capital expenditure (growing at 2.5% per year over the same period) *.
“We are clearly a powerhouse leader within wider manufacturing and are remarkable for providing value-add through every stage of the supply chain from paddock to palate.
“Our heart is in the country with many of our breweries, distilleries and wineries obtaining icon status in their region and recognised around the world. Being largely regionally based, a plan to grow beverage manufacturing is a plan to grow regional jobs and create value-added careers making a critical and meaningful impact in regional communities across Australia, Mr Wilsmore said.
“With the right policy settings by Government and the cooperation of everyone across the value chain we can supercharge the future for this industry from where it starts in the paddock to where it ends in the hands of a consumer,” he said.