Australian wine exports to China from January to June plunged to just AU$13 million, down from AU$419 million of the same period last year, as other market gains struggle to offset loss in its most valuable export market. Read More
Australia
A single bottle of Penfolds Grange with its founding winemaker Max Schubert's signage has set a new world record price for any Australian wines sold at auction, fetching a whopping AU$142,131. Read More
Australian wine giant Treasury Wine Estates has quietly rolled out South Africa made Rawson's Retreat for China to bypass up to 218% punitive tariffs imposed on Australian wines. Read More
Just days after Australia appealed to WTO over China's tariffs on Australian wine, China hit back with unprecedented complaints against Australian duties. Read More
Australia's biggest wine producer Accolade Wines is allegedly scouting vineyards in northwestern China. Read More
Australian wine exports to China were shaved off by over 95% since the punitive tariffs came into effect last November, painting a grim roadmap that leaves little breathing room for Australian wineries in the Chinese wine market for the next five years. Read More
China's punitive tariffs of up to 218% on Australian wines are not only corking Australian wine exports, but also having a "detrimental impact" on Australia's performance in the secondary market, according to Liv-ex. Read More
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
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