Despite the name, it is a quite standard lager.
It is the most popular full-strength beer sold on tap in Victoria. It is also sold in bottles and cans, but in this market its stablemate Victoria Bitter is probably more popular. It can also be found on tap in New South Wales.
In 2003, its formulation was changed slightly to reduce the alcohol content from 5.0% to 4.6% in response to an increase in alcohol taxes by the Federal government. The logo was also changed.