Treasury Wine Estates owns Penfolds and other prominent Australian wine brands. Photo: AAP

Business

TWE profits drop on back of Penfolds' China tariff hit

Treasury Wine Estates has reported a 24 per cent fall in net profit after tax to $175.3 million for the first half of the financial year, citing ongoing impacts of the coronavirus and Chines tariffs for the result.

Business

SA miniature wine sample business gains foothold in Australia

An Adelaide-based startup that began sending miniature wine samples direct to potential wine customers in China in 2018 has opened a production facility in Australia and expanded into the education, trade and event sectors.

iSpy

Project 5255 wine launch

Guests attended Mother Vine in the East End for the launch of the first of three collaborations between winemakers and Langhorne Creek, called Project 5255.

News

Wheat growers wary of China tariff threat following bumper crop

The state’s wheat farmers are bracing to be the next target of Chinese sanctions as more tariffs on Australian wine kick in.

News

Minister frustrated that China won't pick up phone as trade bans grow

Australia’s Trade Minister says it’s “deeply frustrating” that China refuses to discuss its “unacceptable” targeting of Australian exports, with lamb joining wine, beef, coal, barley and timber on the unofficial hit list and wheat and cotton producers bracing as the trade dispute worsens.