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Wine leaders in Adelaide as sector faces huge challenges
More than 3500 wine sector heavy hitters are in Adelaide this week for the Australian wine industry’s biggest event as it faces its biggest challenges in more than a decade.
More than 3500 wine sector heavy hitters are in Adelaide this week for the Australian wine industry’s biggest event as it faces its biggest challenges in more than a decade.
The value of Australian wine exports has increased for the first time since China imposed crippling tariffs on the local industry in 2020.
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Yalumba Family Winemakers CEO and managing director Nick Waterman will retire in September after 19 years with the company and seven in the top job.
More than two billion litres of unsold Australian wine is sitting in storage following a record 2021 vintage and a slump in exports and domestic sales.
A year on from launching their family wine brand and cellar door in Adelaide’s southern suburbs, Ben, Sam and Jo Watkins are preparing to take their products to the eastern states and overseas.
Simmering tensions between grape growers and winemakers are at risk of reaching boiling point next vintage when overflowing red wine supplies force prices down, according to the nation’s peak body.