Australia remains unyielding in its pursuit of a case at the World Trade Organization (WTO) against China's wine tariffs, its Agriculture Minister has maintained, potentially impeding the anticipated discussions on lifting wine tariffs. Read More
Australian wine
A surge of Australia wine exports to Hong Kong has fuelled the city’s bullish wine trade in the first half of the year, as wineries and merchants are itching to ship wines across the border in anticipation of tariff lift. Read More
Australian wine giant Treasury Wine Estates is cautiously adjusting its global shipments of its popular brand Penfolds in anticipation of China's tariff removal. Read More
China has officially scrapped more than 80% of punitive tariffs on Australian barley that it has imposed since May 2020, raising hope that wine could be next. Read More
Among Australia's top five markets by value, only Hong Kong reported growth in the year ended in June, 2023. Read More
The 2023 vintage for Australian wine is predicted to be the smallest in over two decades, according to the National Vintage Survey 2023, due to adverse weather conditions and a decline in global demand. Read More
Treasury Wine Estates will shut down its Karadoc winery in Victoria amid rising operational costs and China's punitive tariffs that have made the wine giant's commercial wine operation "unstainstable" Read More
Australia’s largest wine cooperative CCW is considering legal action against Australia’s biggest wine producer Accolade Wines over payment dispute. Read More
It will take years to rebuild China market even if Beijing drops hefty punitive tariffs on Australian wines, says TWE CEO. Read More
Emerging markets in Southeast Asia showed strong growth for Australian wine exports in the past 12 months but were unable to offset declining value to traditional markets. Read More