Treasury Wine Estates’ new CEO Michael Clarke has fuelled speculation that the group may sell off its Beringer brand as he confirmed an immediate need to cut costs.
A major new trade agreement between Australia and Japan could help open up a new avenue in Asia for Australian wine.
Australians are drinking less alcohol than at any time in the last 15 years with beer consumption dropping to a 69-year low, according to the Australian Bureau of Statistics (ABS).
Australian wine sales have fallen flat in China, with one producer admitting that the country is not “the El Dorado” the industry was hoping it to be.
Australia’s medium-sized family wine businesses are vital for exports, believes John Angove, of Angove Family Winemakers.
Heston Blumenthal has announced that he will close his UK three-Michelin-starred restaurant The Fat Duck for six months in 2015 in order to set up a temporary version in Australia.
Accolade Wines has secured a US$300m cross-border finance package from GE Capital International, building on its $220m deal in 2011.
Wine scientists are recreating bushfires to help understand the impact of smoke on wine production.
Wine merchant Bibendum is strengthening its Australian portfolio with the addition of three new wineries.
An Australian man reacted to a bite from one of the world’s most poisonous snakes by saying: “If I’m going to cark it, I’m going to have a beer.”
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