Dan Murphy in Victoria is the Mecca for drinking enthusiasts. If you're on your way to a party, plan on visiting DM's with plenty of time to spare, I've gone in there many of times on my way to parties and turned up late to the party every time, the place is huge, and you always come out with more than you need.
You can get all the top British beers (usually pricey @ $4 a can), plus there are some really good Aussie beers too; I like Coopers Ales, and also Boags.
European beers are pretty pricey here, none more evident that my trip to the UK in May 06 when I paid 9 pounds 95 for a slab (24) of Stella in Tesco's, that's about $25. Over here a slab of Stella Artios will set you back closer to $50.
The wine is very good here, and even if you're not much of a wine buff now, you'll soon find yourself stocking up on some fantastic local wines, just take a scenic wine tour through the Yarra Valley or down the Mornington Peninsular to get yourself acquainted.
Save money by entertaining at home, or having a picnic with your friends down by the Yarra or at BBQ sites anywhere along the coast, or if you do feel like going out for a meal, most eateries in Melbourne have a BYO policy.
Have fun and drink in moderation
