Wine buyers around the world will be able to discover and connect with Australian wines on a "first-of-its-kind virtual platform" launching 27 April, the country's wine trade organization has announced. Read More
Australia
China has announced its decision to impose up to 218.4% tariffs on Australian wines for a period of five years. Read More
The Barossa Wine Live Auction this year will kick off on April 16, with over 130 lots on offer to collectors around the world including a rare lot consisting of nine bottles of 100-point Barossa wines. Read More
Australian wine giant Treasury Wine Estates' stock prices rose 8% on news of a potential buy-out from France's biggest drinks and beverage owner, Pernod Ricard. Read More
Chinese customs authorities have blocked around 20,000 bottles of Australian wines, including Australian flagship wine brand, Penfolds, over what it calls a “labelling issue”, as Australian wine exports to China essentially ground to a halt, after being slapped with 212% anti-dumping tariff. Read More
Australian wine giant Treasury Wine Estates' head of Europe, Middle East and Africa (EMEA) department has resigned two years on the job. Read More
Global pandemic coupled with China's crushing anti-dumping tariffs on Australian wines have shaved off 24% of profits for Australian wine giant, Treasury Wine Estates, parent company of Penfolds. Read More
Penfolds, the flagship wine brand under Treasury Wine Estates, is again pushing the envelop and released for the first time wines carrying a "Wine of the World" label by blending California grapes with a touch of Australian addition. Read More
Australian wine exports slowed in the 12 months to December 2020, significantly clipped by China's punitive tariffs in the last two months of the year that nearly flatlined December exports, according to Wine Australia’s latest Export Report released today. Read More
Chinese customs has blocked the entry of four tons of Australian wines citing contaminated cork as the main cause for its decision, as relations between the two trading partners sinks to all time low. Read More