The budget often doesn't mean much for individuals but for Eden Brewery owner Jacob Newman it's 'life-changing'.
Treasurer Josh Frydenberg revealed on Tuesday night the government would provide up to $350,000 in tax relief for small brewers and distillers.
That's a massive increase on the current $100,000 limit and Newman says it's well-earned with craft breweries employing 51 per cent of workers in the Australian brewing industry.
"It's world-changing," Newman told the Southern Highland News.
"This puts us at the level of a winery. For a very long time brewers have been treated substantially differently to wine makers."
"It's incredible the amount of employees that work in small breweries. We do it manually so we have huge job growth opportunity and all that growth is on the back of having one of the most aggressive taxing on small breweries in the world.
"All that growth has happened under the weight of taxes so with this new 'lift off' the government has recognised the importance of small breweries and their contribution to the economy for the first time.
"What they're saying is brewers are as important to the economy as wine makers as far as tourism goes, as far as jobs go, let's put them on equal footing and see what happens.
"So yeah, it's life-changing, I would say this is the biggest news I will hear in my career."
Aside from expanding the operation at the popular Mittagong establishment, Newman stressed the most positive development would be to the sustainability of independent breweries.
"Immediately we're going to be putting on more staff but what it really means for the breweries is we've all been here because we have a passion for being here, it's not really a good career choice," he explained.
"It's amazing what goes through out hands but nothing goes into our pockets and this will change that. Every brewer has a long list of what they want to get whether it's more equipment, more staff, better marketing or a new delivery van and up until now we've not really been making real profit.
"This will mean you can make a life out of it, not just a break-even hobby."
No prizes for guessing how they welcomed the Treasurer's speech.
"We had a few beers at the announcement I assure you."
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