Storm damage to vineyards brings tears

Storm damage to vineyards brings tears

Storm damage Vineyard damage along the Murray River due to storms this past week will wreak havoc for all the industry in 2017. It’s part of a bigger picture, according to the World Meteorological Organisation (WMO). It’s likely 2016 will be the hottest year on record, with global temperatures even higher than the record-breaking temperatures […]

Coles and Woolworths first quarter results

Coles and Woolworths first quarter results

Super duo Coles and Woolworths have recently published their first-quarter 2017 results. They’ve had a tough time in recent years, with Aldi and Costco taking market share and price deflation shaking the big two. An article in The Sydney Morning Herald by Madeleine Heffernan on November 6 included the following, which shows why consumers are […]

The thirsty dragon and stuck USA

The thirsty dragon and stuck USA

Dragon thirsty The appetite for Australian wine in China is not waning. In the year to the end of September the dragon nation absorbed 90.09 million litres worth $474.08 million. In contrast, the UK is dwindling. Not fast, but it’s on the turn, down 4 per cent in volume and 3 per cent in value. […]

Australian vintage, China whine & hidden icons

Australian vintage, China whine & hidden icons

CHAMPing at the bit CHAMP Private Equity and Accolade Wines continue to generate press interest. The latest news is that CHAMP has appointed Citigroup and Morgan Stanley investment banks to manage the initial public offering of Accolade Wines. Reports are also circulating that CHAMP is meeting various Asian companies/investors to take stakes in the listed Accolade. […]

Japan and Korea markets show promice

Japan and Korea markets show promice

Turning Japanese Wine Australia is congratulating itself on wine tastings held in Seoul and Tokyo. It says almost 900 guests in total attended the two events. Japan was 10th on the export table for the year ending June 30, with a value of $44.71 million (up 3.5 per cent) and 9th in volume with 11.63 […]

Wine Ark and Langton’s run parallel

Wine Ark and Langton’s run parallel

In store   The Langton’s classification is the standard reference for the top Australian wines, but wine storage company Wine Ark has put out a top 50 list based on the wines its customers have stored. It’s an interesting read. 2016 Wine from 2013 Langton’s 1 Penfolds Bin 389 Cabernet Shiraz Blend Various Regions Up […]

Stopping wine theft and what goes where

Stopping wine theft and what goes where

Stop, thief YPB Group bills itself as a brand protection and customer engagement solutions company. It is listed on the Australian Securities Exchange. At the time of writing, shares traded at 18 cents, with the 52-week high being 40 cents and the low 13.5 cents. YPB is rather pleased with itself this week as its […]

WA & WFA double delight & the dark side

WA & WFA double delight & the dark side

Double delight The Winemakers’ Federation of Australia (WFA) has released the 2016 vintage report. Following the Wine Australia (WA) export report last week, it’s a double delight as both reports were positive and show for the first time that Australian wine is coming out of depression. The vintage was large, coming in at 1.81 million […]

WA askes, what are the consequences of WET?

WA askes, what are the consequences of WET?

Consequences of WET What will be the wine equalisation tax (WET) reform consequences? According to a report of the same name, commissioned by Wines of West Australia, and compiled by RSM Consulting, there will be “significant impacts on the wine industry in Western Australia with a loss or reduction in the WET rebate”. There are […]

WFA silence is deafening

WFA silence is deafening

Silence is deafening The noise of the wine industry is rising and the silence from the Winemakers’ Federation of Australia (WFA) is deafening. As of 9am on Thursday, June 16, no announcement had been issued by the WFA, despite the federation holding a meeting last week to discuss responses received from wine companies and regional […]

Tourism, good for wine, figures not good enough

Tourism, good for wine, figures not good enough

Tourism translates to wine The latest International Visitor Survey, to the end of March, shows positive results in the tourism sector. That translates to good news for the Australian wine industry, both domestically and hopefully when overseas visitors return to their home countries. Total spend from visitors amounted to $37.9 billion in the year to […]

IWC and Australian wine regions, Sulphur alchemy

IWC and Australian wine regions, Sulphur alchemy

Confusion abounds   From an article in http://www.examiner.com/ “One will find that most of the 66 wine regions in Australia lie in South Australia, Victoria and New South Wells [sic]. Western Australia comes in a close second.” The flippancy and lack of understanding made me smile, but that’s common among overseas wine writers. What do […]

Budget plan for Australian wine tax

Budget plan for Australian wine tax

WET or weak Apparently Treasurer Scott Morrison did not hand down a 2016-17 budget on May 3, but a plan for the next decade. It’s a plan for the richer end of Australian society. The tax threshold has been raised from $80,000 to $87,000, but those earning less than $80,000 receive no income tax relief. […]