Australian craft breweries are facing financial challenges, with several entering administration due to a combination of factors, including pandemic-related debts, excise tax, and rising costs. The economic downturn, coupled with increased production costs and higher interest rates, has left many small and mid-sized breweries struggling to stay afloat. The Independent Brewers Association reports that 91% of its surveyed members have been severely affected by the current economic climate, with 66% expressing doubt about their businesses surviving the downturn…