Rising demand from Asian countries has propelled exports in this category to almost $20 billion,making Victoria number one in the nation.
Australia’s long-running dispute with China on wine tariffs is close to ending ahead of a trip to Beijing by Prime Minister Anthony Albanese.
The Australian wine industry is seeking more assistance in finding new markets for wine as the nation grapples with a two-year oversupply.
China’s hefty import duties have inflicted deep scars on the local wine industry and triggered an oversupply that could fill 859 Olympic pools.
Wine producers are optimistic China’s wine tariff will be the next to be removed following the backdown on barley,but warn sellers will be cautious about an overreliance on the Chinese market.
Business leaders have been given reason to hope that relationships with China can be reset and tariffs can be lifted.
A warming planet is spurring Tasmania’s reputation for producing stellar sparkling wine,led by an unlikely rock-star winemaker.
In the heart of Australia’s wine-growing regions,China’s hefty trade strike has been a fatal blow for many vineyard owners and winegrape growers.
The Georgian varietal is just one of the latest “alternative” wines that are garnering attention.
Australian winemakers may have hit a big roadblock in getting bottles to China because of sky-high tariffs. But the road to Hong Kong appears to be wide open.
The Californian rap star might not immediately seem like the safest bet for a brand ambassador to one of the world’s most prestigious wine companies. But the risk has paid off.