HOW times have changed.
Queensland only had about eight or nine craft breweries back in 2010.
These days, the demand for high-quality alternative beers is so great that we’re seeing a new brewery open in the state about every four weeks.
There are now about 70 churning out a huge variety of the drinks across Queensland and trying to keep track of them all has proved a bit daunting. Enter Mark Midro (illustrated), who will be launching the inaugural edition of The Craft Beer
Guide to Queensland in Brisbane tomorrow night to help kick off Queensland Beer Week.
“It’s pretty profound what’s happening,’’ Midro told City Beat yesterday.
“Our vision was to make a consumer-based product. It’s not designed for the beer nerd, not a technical publication.
“It’s about the experience. It’s meant to be a publication for your Dad, who’s been drinking XXXX his whole life.’’
Midro, who runs Barrel Media, will be flogging copies at the Woolly Mammoth bar in the Valley, where just over 60 of the speciality brews will be on tap to launch Queensland Beer Week.
The festival, which runs through to the 25th, will see participating breweries hosting events on site, with many featuring bands and food trucks.
Midro obviously has a soft spot for the coldies. He previously organised the Stones Corner Festival for ALH and once worked on a beer lover’s guide to Australia.
Craft beer guides for New South Wales and Victoria are set to roll out next year, helping devotees keep a handle on the country’s 500-plus specialty brewers. SHELL GAME IT LOOKS like the financial shell game continues inside CuDeco. The struggling Brisbane- based copper hunter revealed this week that it had secured a $HK100 million loan from a lender in Hong Kong. The fully-drawn facility was used to settle a $HK40 million short-term loan that was set to fall due in January. Another $HK80 million debt has also been repaid. CuDeco noted that it was in talks to secure a longerterm financing plan. But it made that same point back in July, when it also acknowledged using loans to repay other borrowings. Why would lenders think twice about extending credit? Perhaps it might have something to do with the CuDeco’s eyewatering $135.5 million net loss last year. That followed a $127.1 million net loss in 2016 and $131.4 million of red ink in 2015.
OVER THE LINE
RICHARD MALOUF has got the deal to sell his pharmacy chain over the line and it will be finalised early next month.
Regulators have signed off the sale, which will see Ramsay Health Care absorb all 18 of the Malouf Group outlets in to its existing pool of more than 200 pharmacies.
Malouf launched his first chemist shop in the Brisbane CBD in 1962 and it grew to become one of the state’s biggest privately-owned pharmacy chains, turning over about $100 million a year.
Malouf said yesterday that he was “delighted’’ his baby would join Ramsay, which is Australia’s biggest private hospital operator.
“Ramsay Health Care is a great organisation with a similar vision and culture to our organisation,’’ he said.
“We are confident that our pharmacies will be in good hands for the long term.’’
BRAVE NEW WORLD
YOU might call it a brave new world out in the bush.
There’s talk of vertical farms, driverless tractors and drones to keep tabs on livestock.
The future of agriculture in Australia will come under the microscope tonight when more than 100 young agribusiness leaders converge on Brisbane.
They’ll be gathering in the law offices of McCullough Robertson, which started out as pastoral practice in 1926 and has retained that speciality.
Among those gazing into the crystal ball at the event will be QIC’s Taryn Hocking, StockCo top gun Tim Pryor and Morgans equities chief Tony Dennis.