Its multi-billion-dollar owner says cost-of-living pressures and shrinking beer market are the reasons for its decision.
The brewery in Camperdown, in Sydney's Inner West, is run by brewing giant Lion and produces the company's James Squire beers, as well as other craft labels Little Creatures, Eumundi and New Belgium.READ MORE:The Malt Shovel Brewery in Camperdown is about to shut down.
"There have also been ongoing cost of living pressures reducing discretionary spending, and continuing increases in costs like energy, labour and ingredients, as well as government excise, which is now the third-highest in the world."
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