Coalition eyes alcohol tax freeze to ease pain for pubs and patrons

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Inflation and the cost-of-living crisis is hitting hard-working Australians at the pub.

The rising cost of booze in Australia has prompted the federal opposition to contemplate a freeze on alcohol taxes.

Alcohol excise is levied on beers and spirits with higher alcohol content and that figure rises every six months with inflation.

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The coalition is advocating for a freeze on these increasing taxes in a bid to try to ease the pain at the pub.

Nationals leader David Littleproud said the coalition was looking to "alleviate some pressure" when it comes to alcohol taxes.

"When they don't have disposable income it makes it even harder for them to come out not just to have a beer, but to have a meal," he told Weekend Today.

But Labor isn't interested in keeping the price of beer down right now.

"This is not a focus of our government. Cheaper medicines, not beer," Health and Aged Care Minister Mark Butler said.

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Both pubs and customers are hoping for an interest rate cut that would be the biggest help, as inflation continues to drive prices up.

With an interest rate decision on Tuesday and monthly inflation data out on Wednesday, some economists tip the inflation rate will be back within the RBA's target of two to three per cent.

But RBA governor Michelle Bullock poured cold water on any hopes of a rate cut.

"The board does not predict we will be in the position to cut rates in the near term," she said.

Treasurer Jim Chalmers said the RBA keeping rates steady was tough but said it shared a common goal with the Labor government.

"From time to time we'll have slightly different perspectives, but overall we are on the same page," he said.