The annual adjustment to the excise and excise-equivalent duty rates on alcoholic beverages took place on 1 July 2016. The annual adjustment is based on movements in the consumer prices index less credit services subgroup over the 12-month period to 31 March 2016. The new rates are those set out in the Excise and Excise-equivalent Duties Table (Alcoholic Beverages Indexation) Amendment Order 2016.

The rates are summarised as:

Excise rate to 30 June 2016

New excise rate (GST excl.) from

1 July 2016

42.472 cents per litre

42.650 cents per litre

$28.320 per litre of alcohol

$28.438 per litre of alcohol

$2.2655 per litre

$2.2750 per litre

$2.8320 per litre

$2.8438 per litre

$51.579 per litre of alcohol

$51.795 per litre of alcohol

Alcohol products removed from a licensed manufacturing area or imported after midnight on 30 June 2016 are subject to the new rates.