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News posted on Tuesday, 29 August 2017

NZ wine exports hit record high of $1.66 billion
The export value of New Zealand wine has reached a record high according to the 2017 Annual Report of New Zealand Winegrowers. Now valued at $1.66 billion, up 6% in June year end 2017, wine stands as New Zealand’s fifth largest goods export. Source, Winetitles

Pask winery merges with Marlborough counterpart
Pask Winery has been bought by a Wellington company that also owns Jackson Estate in Marlborough and plans to merge the two businesses. John Benton will chair both winery businesses, while Jeff Hart has been appointed managing director of both. Mr Hart said Pask would undergo a restructure similar to Jackson after it was acquired in 2013, which lead to increased distribution and sales. Source, NZ Herald

Wine industry pleased with support package
The wine industry is pleased with the details of the Federal Government's $50 million Export and Regional Wine Support Package, announced yesterday in Adelaide. Industry bodies are positive about the potential for increased profitability through the supply chain and tourism growth that are expected to result from the package's four distinct programs. Source, Winetitles.

Treasury settles $49m class action
Wine supplier Treasury Wine Estates has settled a shareholder class action brought against it for allegedly engaging in misleading and deceptive conduct, for $49 million. The settlement is without admission of liability. Source, Weekly Times Now.

Provincial Press Group takes strategic stake in major property website
One of Australia’s largest online property portals realestateview.com.au, has established a new marketing and sales partnership with Independent Media Publishers (IMP) which includes Winetitles Media who publishes Grapegrower & Winemaker and Daily Wine News. The partnership will grow exposure to regional Australian markets including vineyards and wineries. Source, Winetitles.

Husband and wife buy QLD vineyard
New life has been breathed into Ironbark Ridge Vineyard with two new owners coming on board to make it bigger and better. Emma Chen and her husband Yang Zhang bought the Purga based vineyard in December and have worked hard to repair a number of buildings on site as well as prepare the vines for the upcoming harvest. Source, Queensland Times.

CRFT wines opens to public
Adelaide Hills winemakers Frewin Ries and Candice Helbig have turned a 100-year-old shearing shed and horse stable into a rustic and homey cellar door. The new venue is located on the couple’s property in Carey Gully, South Australia. Source, Broadsheet.

Trudeau will stand up for Canadian wine
During a question and answer session following a tour of Niagara College's teaching winery in Niagara-on-the-Lake on Saturday, Prime Minister Justin Trudeau said that as the North American Free Trade (NAFTA) negotiations continue, Canada will strive to ensure its agriculture industry is protected. Source, Niagara This Week.

Whites from top red makers gain recognition
Aside from Burgundy, the grandest vineyards of Germany, and a handful of notable producers in California, most of the time that consumers think of the top bottlings from the most famous names, it’s red wine that comes to mind. Source, Forbes.

6000 year old Italian wine uncovered
In a cave in Agrigento, a hilltop Sicilian city, researchers just discovered traces of tartaric acid and sodium salt in a large copper storage jar that dates back 6,000 years to the fourth millennium B.C.; both tartaric acid and sodium salt occur naturally in grapes and the winemaking process. Source, Conde Nast Traveller.

High protein flour from wine waste
The 'flour' is designed to be used as a supplement. "It’s really high in fibre, protein, antioxidants, vitamins and minerals. Because of the high fibre and protein, in each pound you have 150 grams of fibre and 150 grams of protein, and it’s really water absorbent, so you just have to use a little bit to get the colour, flavor and nutrition," said Hillary Niver-Johnson. Source, WSKG.

Biosecurity tips
Tip#2: Finished with your pruning gear and need to send it interstate for servicing? Be aware of the quarantine requirements for pruning gear leaving and re-entering your state. #Vinehealth www.vinehealth.com.au

Wine industry pleased with support package
The wine industry is pleased with yesterdays announcement of the $50 million Export and Regional Wine Support Package. Industry bodies are positive about the potential increase for tourism and profitability through the supply chain through its four programs. Source, Winetitles.

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