The premier of New South Wales in Australia has resigned after “forgetting” to declare he had received a bottle of 1959 Penfolds Grange as a gift from a suspect in a corruption case.
Liv-ex’s Fine Wine 1000 index halted a five month decline in March with non-European and Champagne labels buoying up the market.
A collection of nearly 100 bottles of Penfolds Bin 95 Grange Hermitage is up for sale on auction website Grays Online this week.
A price war is raging among retailers in Australia over the 2008 vintage of Penfolds Grange, which received a perfect 100-point score from The Wine Advocate.
The Australian wine industry is awash with change. We identify the key alterations taking place Downunder.
One of the most powerful wine buyers in the world, Annette Alvarez-Peters of Costco, has slammed wine as “just a beverage” and “no different than toilet paper.”
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