Excise Tariff Amendment (Draught Beer) Act 2026 (36 of 2026)

Schedule 1   Temporary freeze in indexation for draught beer

Excise Tariff Act 1921

1   After section 6K

Insert:

6L Temporary freeze in indexation for draught beer

(1) Despite any other provision of this Act, subsection 6A(1) applies in relation to each CPI indexed draught beer rate as if the indexation factor were 1 for each of the following indexation days:

(a) 1 August 2025;

(b) 1 February 2026;

(c) 1 August 2026;

(d) 1 February 2027.

Note 1: This means the rates as they are on 31 July 2025 will be unchanged for the next 2 years.

Note 2: When indexation resumes in August 2027, the indexation factor for 1 August 2027 will be applied against these unchanged rates (see subsection 6A(1)).

(2) In this section:

CPI indexed draught beer rate means a rate of duty set out in subitem 1.2, 1.6 or 1.11 of the Schedule.

indexation day has the same meaning as in section 6A.