Australia's biggest wine company, Treasury Wine Estates, has issued a profit warning as much as 20% for its core earnings for fiscal year 2020 and withheld guidance for 2021 due to the coronavirus pandemic. Read More
Australia
Australia made a point in its Vision 2050 report to reduce its heavy reliance on China, and cross-border travel ban between China and Hong Kong will take its toll on the grey market wine trading. Read More
Dr Michele Allan has been appointed as the new Chair for Wine Australia, starting from July 4 for a three-year term. Read More
Acclaimed Australian wine critic, James Halliday, is putting his personal collection of 250 bottles of the rarefied Domaine de la Romanée-Conti (DRC) up for sale, which will make the online auction "the biggest of its kind in Australian history", according to auction house Langton's. Read More
What Australian wineries and wine merchants in China are fearing the most is about to happen, as sources told Bloomberg that wine is among a list of potential agricultural products drawn up by Chinese officials to retaliate Australia over its push for coronavirus inquiry. Read More
In an interview the ABC, Chief of Australian Grape and Wine Tony Battaglene says the 2020 Australian wine grape crush has dropped by one fifth because of … Read More
All gloves are off now. Just two weeks after the Chinese ambassador to Australia threatened boycott of Australian beef and wine, China has suspended importation … Read More
Robert Foye has been promoted as CEO of Australia’s second largest wine group, Accolade Wines, less than three months after joining the wine group as … Read More
The Australian Broadcast Commission (ABC) report the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and Wine Australia have discovered an import mix-up where Gros Manseng … Read More
Rob Geddes MW, one of the few people who obtained the highly coveted Master of Wine title in Australia, is joining Vino Joy News, expanding … Read More