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Short Term Business Loans | Caveat Loans | First and Second Mortgage Loans | Non Conforming Loans | Insolvency

The recent collapse of multiple breweries is a sad day for craft beer lovers like myself. The Australian craft beer industry was booming just a few years ago, but has been hit hard by the economic downturn, rising excise taxes, and overhead costs. These factors have made it difficult for small breweries to compete with large companies that can produce beer more cheaply. Consumers are also cutting back on spending, and some are choosing cheaper generic brands. Even though I love craft beer, there's no denying the economic realities that these breweries are facing. I hope that some of these businesses can find a way to weather the storm, but it's going to be tough. #craftbeer #australianbusiness #economics #beerlover https://lnkd.in/gDTG5iPP

Entire industry crumbling into ruin

Entire industry crumbling into ruin

news.com.au

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