Australia's biggest wine producer Accolade Wines is allegedly scouting vineyards in northwestern China. Read More
Australia
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
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