19 March 2009
Foster's Commits RTD Refund to Alcohol and Health Initiatives
Following Federal Parliament’s RTD excise decision, Foster’s Group Ltd (Foster’s) intends to apply its refund to direct support for responsible drinking, alcohol education (and assistance) and health awareness programs.
A special purpose fund will be established to support community-based organisations and health and awareness programs such as: DrinkWise, Australia’s leading organisation working toward a more responsible drinking culture in Australia; Rethinking Drinking, the leading national schools-based alcohol education program; Foster’s Enjoy Responsibly education and awareness initiatives; and other community-based partnerships. The refund is expected to be approximately $20 million.
