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News posted on Saturday, 30 July 2005

Heritage goes further into red
Almost five months after the collapse of the failed Sydney investment fund Heritage Fine Wines, investors are digging into their pockets again.

Foster's takes $1.2b writedown in its stride
Foster's Group said a $1.23 billion writedown on its balance sheet due to a major accounting adjustment would not affect its ability to pay dividends or affect its cash flows

No industry problem here, say region's vintners
VINEYARD owners in the Ballarat region admit the wine industry is going through a tough time, but do not believe they will be directly affected.

Spotlight on an underused resource
By Jancis Robinson. Phil Freese is best known as the man who looked after Robert Mondavi's vineyards in the Napa Valley, designed the first Opus One vineyards and, with NASA, came up with some hi-tech ways of monitoring vines and wine quality.

The wizards of Oz
When Frank Baum wrote the eponymous book back in 1900, little did he know that the Australians (who sometimes also call their country “Oz”) would perform quite a bit of wizardry with wine a century or so down the line.

Delegat's bounces back with $4 Oyster Bay bid
Delegat's yesterday matched Peter Yealands' offer for Oyster Bay Marlborough Vineyards in the tit-for-tat takeover battle that has had investors salivating.

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