John Banks is opposing Labour’s call for setting minimum prices for alcohol.
ACT Leader John Banks today urged Opposition Parties to dismiss Labour’s Alcohol Law Reform Bill SOP which would introduce a provision for a minimum price for alcohol.
“Labour’s SOP is far too broad. Rather than target those who drink excessively, it punishes the hundreds of thousands of New Zealanders who drink responsibly,” Mr Banks said.
“Under Labour’s policy, buying a relatively cheap bottle of wine to go with dinner would be a thing of the past.
“And because a minimum price is not a tax, all the additional revenue from a price increase will flow straight out of consumers’ pockets, into the hands of liquor companies and retailers.
“So who is this policy going to benefit? Not the Government, who would receive no additional revenue, not the majority of responsible New Zealanders who would have to fork out more for a drink and it is least likely to impact on problem drinkers, who are the least responsive to price increases. The main beneficiary of Labour’s policy will be the those in the alcohol industry.
“We do have an issue of problem drinking in New Zealand. But punishing everyone is not the way to go about solving it.
“A minimum price on alcohol will penalise responsible drinkers and is a policy that should be dismissed,” Mr Banks said.