Liberty Brewing Co directors Christina Pickwell and Joe Wood sold their kegs to Konvoy Kegs and rent them back – but that company has been put into receivership.

Who'd have thought that in New Zealand, stale beer was becoming an issue?

But, less than a decade on from the golden days of the craft beer revolution, the tide appears to be going out on boutique breweries.

They're facing hospitality-related headwinds, annual excise tax rises, wild cost swings in beer delivery prices thanks to the fuel crisis, no relief from excise taxes, a food-grade CO2 shortage and a keg crisis.

And that's not to mention a young generation that no longer heads to the pub for a pint with mates.