Published: Aug. 5, 2024, 10:41 a.m.
In this clip, Jeremy Cordeaux interviews Glen Cooper of Coopers Brewery, discussing the history and future of the company, challenges in the Australian beer industry, and the importance of family-owned businesses. The conversation provides insights into Coopers' strategy, market trends, and the broader implications for the hospitality industry in Australia.
Key Topics Discussed:
- Coopers Brewery's New Beer Releases: Introduction of a tropical beer and a vintage ale, responding to trends in the craft beer market.
- Declining Beer Consumption and High Taxes: Discussion on the global decline in beer consumption and the impact of high taxes on alcohol in Australia, particularly excise taxes.
- Challenges for Pubs and Small Businesses: The financial strain on pubs due to rising costs, wages, and taxes, leading to closures and a negative impact on the hospitality sector.
- The Fight Against a Hostile Takeover: Reflection on Coopers Brewery's successful defense against a hostile takeover attempt by Lion Nathan, highlighting the importance of keeping the company family-owned.
- Expansion and Future Ventures: Mention of Coopers' plans for expansion and new ventures, while emphasizing the need for generational change within the company to ensure its longevity.
- Support for Historic Pubs: The importance of preserving iconic pubs like the Crown and Anchor and the Cranker, which play a significant role in local culture and Coopers' business.
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