Following the tax increase on alcopops (pre-mixed spirit drinks), there was speculation alcoholic drinks producers and consumers would switch to wine or other alcohol products to reduce the cost of alcohol consumption. It appears that speculation was correct.
Independent Distillers have announced a new drink, Bolt, to be offered in raspberry, passionfruit and blueberry flavours. Bolt is intended to taste like an alcopop drink, yet it will be an estimated $25 a carton cheaper than pre-mixed spirits. This is possible because Bolt is made with alcohol derived from beer, rather than from pure spirit. Beer taste characteristics are stripped out during production. Packaged beer is taxed at $39.40 a litre of pure alcohol while ready-to-drink beverages carry a tax of $66.70 a litre of pure alcohol.
Source: The Age