The spirits industry contributes significantly to the Australian economy with tens of thousands of jobs, billions of dollars of direct and indirect economic contribution and, of course, billions in spirits excise.
The total value added to the Australian economy by the spirits industry is about $11.6 billion per year. This includes $3.9 billion of direct contributions and $7.7 billion of indirect contributions in industries like agriculture, marketing and professional services. The industry contributes a further $3.6 billion per annum in spirits excise.
Australian Craft producers are making world class products. We can't do it all ourselves. The Association has selected some partners that have demonstrated a commitment to the industry that is above and beyond.
They support the industry and we acknowledge their special partnership.
Spirits and Cocktails Australia
Spirits & Cocktails Australia is the peak body for the Australian spirits industry. Their vision is to promote a safe and vibrant spirits sector, which reflects Australia’s mature drinking culture and creates opportunities for sustainable growth and economic development.
Spirits and Cocktails Australia represent spirits producers involved in the manufacture, marketing and sale of spirits throughout Australia, from global importers to local distributors. The supply chain stretches from ‘farm to glass’, incorporating primary producers to the hospitality and tourism sectors.
The spirits industry directly supports over 53,000 jobs in spirits manufacturing, retail, wholesale and hospitality, contributing $11.6 billion in added value to the Australian economy. Eighty per cent of what Spirits and Cocktails Australia members sell in Australia is produced in distilleries and manufacturing plants throughout the country.
Spirits and Cocktails Australia and Australian Distillers Association are members of each organisation and have a commitment to working together to build a stronger spirits category.
Convergence.Tech is a purpose driven organisation, seeking out projects that make a difference to people and planet. Our name speaks to a coming together of Tech, People and Culture. Even the hardest, deep rooted social, environmental and business problems can be tackled when these three forces come together.
In 2021 we were awarded a Federal Government funded National Blockchain Pilot Grant. The Grant enabled us to define and demonstrate how a blockchain can simplify excise compliance and remittance processes for spirits in Australia.
Working in collaboration with the Australian Distillers Association we have worked with members to design and test a solution which drives efficiencies and new revenue streams for industry. The solution automates the digital tokenisation of alcohol on a private permissioned blockchain. This enables industry and the regulator with traceability of provenance and excise status of products as they move through the production and supply chain.