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News posted on Thursday, 30 June 2016

Search underway for missing Hunter Valley wine collections worth more than $5m
Dozens of prestigious wine collections with a value of more than $5 million have gone missing from the New South Wales Hunter region. Police said the company holding the wine, Wine Investment Services, went into receivership in 2013 and while other assets were seized, the wine was not surrendered to liquidators.

Wine fridges become a kitchen staple as Electrolux buys Sydney's Vintec
Swedish appliances giant Electrolux has purchased Vintec, the Sydney-based wine fridge company, as its product becomes more mainstream in Australia's kitchens. Vintec, based in Leichhardt in Sydney's inner west, generates about $22 million in annual sales, with about 70 per cent of those coming from Australian buyers of the temperature-controlled wine cabinets. It is closely involved with an aggressive discounting promotion with Treasury Wine Estates, the owner of the Penfolds wine brand.

Grape expectations for Alex Van Driel of Clover Hill vineyard at Tree Tree in Tasmania
PRINCESS Mary had Clover Hill wines at her Danish wedding. Queen Elizabeth — on her most recent visit to Australia — enjoyed a Clover Hill sparkling at Melbourne’s Government House. So it was fitting that this year the Royal Agricultural Society of Tasmania awarded Clover Hill Tea Tree the Tasmania’s Vineyard of the Year, a competition where entrants are required to outline production aims and are judged on all aspects of management.

Margaret River named favourite wine region by celebrity chefs
PATISSIER extraordinaire Adriano Zumbo, Masterchef’s Gary Mehigan and Spanish expat Miguel Maestre, who will be in Perth from July 8-10 for this year’s Good Food and Wine Show, named Margaret River as their favourite wine region in WA. Adriano said his ideal WA escape would be spending a few weeks in Margaret River, “eating, beaching, drinking and doing nothing.”

Greek winemaking region Naoussa pushes for bigger presence in Australian market
Being home to numerous renowned wine regions such as the Barossa Valley, Hunter Valley and Margaret River, it’s no secret that Australia is one of the world’s most exciting markets for wine. Although we locally produce a large variety of premium wines such as Shiraz and Chardonnay, Australians also have a taste for an array of imported wines from the globally acclaimed vineyards of France, Italy and Spain.

CO winery boosts export reach with NZ Trade and Enterprise help
Ahead of the next Central Otago Export Forum, Jo McKenzie-McLean finds out how boutique winery Archangel Wines boosted its global reach with support from New Zealand Trade and Enterprise. Archangel Wines had an ambitious, but simple goal when it was established in 2003 - to produce the best wine possible. Their efforts paid off. The first wine the family-owned business produced, the "Archangel Pinot Noir 2008", won a gold medal at the first show it entered - the Air New Zealand Wine Awards.

Exporters see tough times ahead
Dairy, meat and wine industries anticipate toll on sales as British vote strengthens currency and upsets market. New Zealand's primary product exporters are in for a tough period if the local dollar retains its new-found strength against the pound and euro following Britain's decision to leave the European Union.

Winemakers Warn of a Coming Burgundy ‘Apocalypse’
For years, vintages of Burgundy have been smaller and smaller, while prices have gone up and up. Rain, floods, and hailstorms have decimated vineyards since 2010, especially in the Côte de Beaune (the southern part of the famous limestone strip that’s home to the most famous vineyards). Growers invested in weird anti-hail devices, but, alas, they haven’t worked. Regional businesses are facing a crisis of how to survive.

INDIA: Wine producers, grapegrowers cry foul over tax hike
BENGALURU: The state government, which had promised support to the wine industry in Karnataka, has dashed all hopes of grape growers with a gazette notification proposing 177% hike in tax. The notification issued on June 22 provides a seven-day window for wine producers to file objections. Taxation will come into effect from July 1. Calling it a unilateral decision, grape growers and wine producers have decided to resort to a state-wide agitation from Wednesday.

Brexit and Bordeaux
A number of people have asked me for comments on how the recent Brexit vote might affect the traditional strong relationship between the Bordeaux and London based wine trades. I thought it might be useful to try to put this into context here. Inevitably after such a huge upheaval, there is enormous uncertainty. But a closer look at the situation provides grounds for reassurance.

California winemakers press for stricter label rules
California winemakers have now enlisted lawmakers and federal regulators in their latest effort to stop the dilution of some vintage names. Squeezed by the state’s large congressional delegation, regulators are proposing to restrict further the use of certain crucial words on wine labels. The move would stop out-of-state wine producers from spuriously identifying their wine as coming from a designated California region.

‘Technological showcase’ for wine industry
Two of Australia’s leading digital providers for the wine industry have announced the first in a series of country-wide events showcasing the latest technological trends and product solutions for grapegrowers and winemakers. BlackSquare, a global provider of DTC solutions and Vintrace, who specialise in cloud based production software, are hosting the events which kick off in the Yarra Valley on July 7.

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