Since the 1980s, there have been a steady stream of takeovers and amalgamations, and now the two major producers (who were once Australian-owned) are Carlton & United Breweries (CUB) and Lion.
In December 2011, CUB became a subsidiary of British multinational SABMiller (the world's then-second-largest international brewing company) and in October 2016 CUB became 100% owned by AB InBev the world's largest brewing company, based in Belgium.
AB InBev then sold CUB to Japanese company Asahi Breweries on 1 June 2020.
The largest remaining Australian owned brewer is Coopers Brewery[2] with a market share of about 4% of total beer volume sales in Australia.
[5] In May 2012 the dominant Australian-produced beers were XXXX Gold, which accounted for 12.4% of all beer consumed in Australia, VB, with 12.3%, Carlton Draught 9.3%, Tooheys New 7.1%, Tooheys Extra Dry 4.4% and Carlton Mid 3.8%.