Northern Territory Floor Price Alcohol

The floor price was brought in by the labor government in october 2018 as part of sweeping reforms aimed at curbing staggering rates of alcohol related harm in the northern territory.

Northern territory floor price alcohol.

The action plan august 2019 update reports progress against four key areas. From october 1 2018 one standard drink in the northern territory will cost a minimum of a 1 30. The northern territory has become the first australian jurisdiction to put a floor price on alcohol and as of this month booze will be sold for at least 1 30 per standard drink. Recommended by an inquiry and strongly backed by health researchers.

A bill was introduced into the legislative assembly in may 2018 and passed on 22 august 2018. Northern territory alcohol harm minimisation action plan august 2019 update. On tuesday morning the nt government unveiled its response to a. The northern territory will become the first australian jurisdiction to put a floor price on alcohol the government has announced.

The northern territory has become the first australian jurisdiction to put a floor price on alcohol in a bid to curtail its worrying rate of alcohol related harm. Results suggest that a floor price of a 1 50 per standard unit represents the single most effective measure currently available to the northern territory government to stem the harm caused by excessively cheap alcohol. Alcohol causes untold harm in nt communities. A floor price.

This is known as floor price which is used to calculate the minimum cost at which a product can. The floor price requires that all forms of booze are priced so that a standard drink 10 grams of alcohol costs at least aud 1 30. This month the northern territory s labor government brought into effect a new policy a floor price for alcohol. The northern territory government has introduced a minimum unit price for alcohol commonly referred to as the minimum floor price to minimise the harms associated with high alcohol low cost alcoholic beverages.

This stands to address the harm caused by cheap alcohol most particularly in the northern territory.