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News posted on Thursday, 19 October 2017

Australian wine export value has increased
Wine Australia’s Export Report released today shows that in the 12 months ending 30 September 2017, Australian wine exports continued to grow strongly in both volume and value. Export value grew 13% to $2.44 billion and volume grew by 9 per cent to 799 million litres. Source, Winetitles.

Export market insights for levy payers
Wine exporters and those planning to export will hear the latest market insights, trends and opinions from Australia’s key export markets at Wine Australia’s Exporter Update on 9 November in Adelaide. Registration is free and exclusive to grape and wine levy and export charge payers. Source, Winetitles.

Michael Clarke says 'stop the wine rebate'
The Australian government must “pick up speed” on industry reforms by getting rid of the wine equalisation tax rebate, says Treasury Wine Estates chief executive Michael Clarke. “The government can do more to stop the rorting. They should stop the rebate completely,” Mr Clarke told The Advertiser.

Penfolds releases $3000 Grange blend
Blessing or sacrilege? Angel or monster? Wine supplier Treasury Wine Estates has blended three vintages of its iconic Penfolds Grange shiraz to create a rare and pricey conglomerate: Penfolds g3. It is the first time Penfolds has created a blended Grange, using wine from the 2008, 2012 and 2014 vintages. Source, SBS.

By Farr a powerful Chardonnay
"Gary Farr and his son Nick make a formidable winemaking team, producing wonderful wines from their vineyards in the Moorabool Valley between Geelong and Ballarat. Gary steers the By Farr wines and Nick the Farr Rising lines, and, to be honest, any wine from their stable is worth seeking out," writes Dave Brookes for The Adelaide Review.

Yealands connecting with migrant workers
The Yealands Wine Group, already one of the leaders in the industry for sustainability and innovation, has made the leap forward to improve and to better connect with their migrant workers. The wine group has made an industry-first decision in New Zealand to take part in the Intercultural Awareness and Communication program. Source, Stuff.

New Zealand's wine is 'worth studying'
"Unlike the way-underappreciated and underexposed “Flight of the Conchords,” New Zealand wine is a well-known commodity, despite being less than 1 percent of the world’s wine. It’s the same old story — wine was being made in New Zealand two centuries ago, but its modern wine history dates back only decades," writes Michael Austin for The Chicago Tribune.

How two brothers built a wine empire
In relative obscurity, Richard and Robert Sands have grown their family wine business, now called Constellation Brands, into a global alcohol empire that generates over $7 billion of revenue per year. The brothers hold a net worth of $2.9 billion and $2.8 billion each, respectively. Source, Forbes.

Wine prices reportedly on the up
Wine is about to get really expensive. There are a multitude of factors that affect the supply of grapes worldwide, and many things combined this year to create a shortage of grapes that will limit the amount of wine that can be produced. Source, VinePair.

US Canada fight brings EU to table
Add a glass of Malbec and Bordeaux to the table. The EU and Argentina have asked to join the conversation as the U.S. and Canada quibble over wine. The two wine-producing regions this month filed a request to be party to the negotiations over a Canadian law that sidelines the display of imported wine. Source, CNBC.

China ranks as most attractive wine market
China has become the most attractive wine exporting destination in the world, according to major wine exporters and professionals at a seminar concluded in Shandong Province on Tuesday. Jorge Heine, Chile’s ambassador to China, said Chile’s wine exports to the country had risen considerably in the last few years. Source, Shanghai Daily.




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