The Queensland government has pushed back the introduction of its drink container refund scheme

The Queensland government has pushed back the introduction of its drink container refund scheme to learn from the issues of the “problematic” roll-out of a similar scheme in NSW. The scheme was due to start in July but will now not begin until November so stakeholders can learn from the experience in NSW. Meanwhile official forecasts show that during the 10 weeks of the ‘Return and Earn’ container deposit scheme, $110 million has been added to the cost of drinks, but only $8.3 million has been refunded for containers. Source: www.insideretail.com.au. As a reminder, we expect the Container Deposit Scheme to affect ~65% of the population once implemented in NSW (1 Dec-17), ACT (1H18), QLD (2H18) and WA (CY19). We consider the potential impact of the QLD delay on CCL and screen for retailer pricing changes since the NSW implementation, see : CCL – Genie in a bottle.  In today’s Consumer Chronicles (stocks mentioned: BBN, CCL, JBH, WOW):

Maquarie research