New Zealand's wine industry plans to limit wine grape production to reduce the total harvest by 20,000 tonnes. Australia's wine industry leaders say a plan on how Australia will deal with the glut is expected soon.
Pokolbin wine identity Christopher Barnes has announced his retirement from the executive of the NSW Wine Industry Association, the State's peak wine body, after serving on the executive for 15 years.
A team of New Zealand filmmakers is set to make a film about a journalist's first winemaking experiences in Marlborough. First Big Crush: The Down and Dirty on Making Great Wine Down Under, published in 2007, recounts a year in the life of US journalist Eric Arnold as he sets out to make wine in New Zealand.
A lifeline could soon be available for South Australian wine businesses threatened by natural and other disasters. Proposed changes to the state's Liquor Licensing Act will allow disaster-struck producers to buy fruit and wine from other producers and to make and sell the wine under their own labels.
Austrian wine has not experienced as severe a backlash as some other wine markets in the current economic scenario. Indeed, Austrian exports saw a 10% rise in volume while earnings remained stable.
The Melbourne based judge will complete his 21st annual Australian wine tasting for Cathay Pacific Airlines, signing off a wine destined to become the two millionth bottle served on the airline's Australia-Hong Kong-London service.
Exports of wine from New Zealand have exceeded NZ$1 billion ($706 million) for the first time, with the strong growth rate of the past two decades showing no sign of abating, the industry body said on Wednesday.
Wine expert Blair Gibbs says New Zealand has begun to see a solid recovery in export markets as the northern hemisphere summer comes to a close and the Christmas period comes into focus.
The New Zealand government's recent moves to soften rules on foreign investment have opened up the country's wine industry to overseas buyers. The biggest acquisition so far, the purchase of the New Zealand Wine Fund by California firm Foley Family Wines, pushed the level of foreign ownership in the industry to more than 45 percent, according to figures from New Zealand Winegrowers.
A collection of Penfolds Grange, spanning 40 vintages of Australia's most expensive wine, sold for A$138,000 ($114,000) at an online auction held last night.
DESPITE Australian winemakers' need for support to combat the effects of the global financial crisis on sales, the budget of the Federal Government agency Wine Australia is being slashed in line with falls in grapes harvested and export values.
groundbreaking research conducted by Auckland University's Dr Mat Goddard has started unravelling their secrets and discovered that New Zealand has a unique selection that could be harnessed by our winemakers
Growers in New Zealand's third-largest wine growing region, Gisborne, were left to consider their options this winter after both Pernod Ricard and Constellation made reductions in the amount of grapes sourced from the region. It is estimated that the cutbacks amount to about 20 to 25 percent of Gisborne production.