The Herald reports:
Alcohol has become so affordable that it is cheaper than bottled water and approaching the price of milk, says a study made public today.
Silly comparisons. Tap water is still near zero. Bottled water is a premium product – comparing it to discounted alcohol is misleading. One should compare it to the more expensive alcohol products. And milk is outraegously expensive – but that is no reason to make alcohol the same.
A $2 minimum price per standard drink would reduce binge drinking without affecting social drinkers, Professor Sellman said.
First of all a minimum price would be the wet dreams for the liquor industry. Their profits would go up massively. Nothing wrong with that – just a surprise that someone who equates them to drug dealers wants them to make so much more money.
So what would $2/standard drink mean for certain items. A standard drink is 10g or 12.7 ml of alcohol.
- a 350 ml bottle of 4% beer could not cost less than $2.20. 5% beer would cost $2.76 or $33.07 for a dozen – not sure if GST would be on top of that
- a 750 ml bottle of 12% wine could not sell for under $14.17
- A 1l bottle of Baileys could not sell for under $26.77
- A 1125ml bottle of vodka could not sell for under $65.55