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The latest report from RaboResearch has found impact from the Reserve Bank’s fifth interest rate rise this year on the food and beverage sector is weakening demand, raising input costs and splintering food inflation by category.
Adelaide brewer, Coopers Brewery, recorded its third year of volume growth in FY26, lifting keg sales by 7.4 per cent and reporting a 6.2 per cent profit before tax increase to $23.9 million.
Contract brewer, Tribe Breweries, has acquired Gold Coast craft brewer Black Hops out of voluntary administration. The price has not been disclosed, but Tribe says all Queensland roles and 90 per cent of jobs nationally to be retained.
