ethernet
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- Aug 10, 2006
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Just how much is Australian Duty? - Here are the numbers - Alcohol (sprits) is $74.27/L of alcohol or $430.94/kg of tobacco content for Dec 2011!
$74.27/L of alcohol plus 10% GST for starters. I think the rate is set by Al-Qaeda Treasury and some policy makers who think prohibition era is a something worth bringing back.With AUD being over parity, this is a windfall for budget collection, and IMHO too high. Favors beer and wine.
Now cheapest rot gut scotch I know is 700ml at Aldi for $25 , but on my calculations, duty is presently $22.32 so the store is not making much (unless it is hoarded old stock from $56 days). Sydney DF I think aims to be 30% cheaper than Dans, which I interpret at 25% dearer than reasonable.
So a 40% Scotch is say $29 excise plus 10% =$31.88 (Plus duty on CV) locally - duty paid.
Uncle Dan sells Cointreau 1 L for $64 odd. $40 at Sydney DF? and $31 at Gold Coast DF. And $27 odd at Singabore DF. If buying locally go to Boozle - Finding Australia's Cheapest Alcohol then get Dans to price match.
I guesstimate the supply cost is something like cointreau $18 with all paperwork and stock loss costs, leaving $8 profit for the store and $14 for MacAirport.
So not worth it - but there are other alternatives as evidenced 2 litre port/sherry/Muscat drinkers which are the park bench wino's friends on dole check days.
$74.27/L of alcohol plus 10% GST for starters. I think the rate is set by Al-Qaeda Treasury and some policy makers who think prohibition era is a something worth bringing back.With AUD being over parity, this is a windfall for budget collection, and IMHO too high. Favors beer and wine.
Now cheapest rot gut scotch I know is 700ml at Aldi for $25 , but on my calculations, duty is presently $22.32 so the store is not making much (unless it is hoarded old stock from $56 days). Sydney DF I think aims to be 30% cheaper than Dans, which I interpret at 25% dearer than reasonable.
So a 40% Scotch is say $29 excise plus 10% =$31.88 (Plus duty on CV) locally - duty paid.
Uncle Dan sells Cointreau 1 L for $64 odd. $40 at Sydney DF? and $31 at Gold Coast DF. And $27 odd at Singabore DF. If buying locally go to Boozle - Finding Australia's Cheapest Alcohol then get Dans to price match.
I guesstimate the supply cost is something like cointreau $18 with all paperwork and stock loss costs, leaving $8 profit for the store and $14 for MacAirport.
So not worth it - but there are other alternatives as evidenced 2 litre port/sherry/Muscat drinkers which are the park bench wino's friends on dole check days.
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