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Lion Nathan waiting for right time to sell wine assets

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Lion Nathan, the subject of a takeover offer by major shareholder Kirin, has indicated they may sell their wine assets as soon as economic conditions improve. Lion Chief Executive Rob Murray told analysts...

Alcohol premiumisation to attract the discerning Australian Seniors market

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With an ageing population comes opportunity for food and beverage marketers, according to new analysis from Datamonitor. In a follow up to their research into the non-alcoholic beverage market, they have...

Groundbreaking wine initiative stimulates innovation

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WRAP (Waste & Resources Action Programme) has announced the latest glass savings of over 20,000 tonnes from its pioneering GlassRite Wine project. Based in the UK, the project involves working with...

Federal Budget leaves alcohol tax alone

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The Winemakers’ Federation of Australia (WFA) has welcomed a decision by the Federal Government to resist increasing the tax on wine in the Budget released on Tuesday night. In the lead up to the...

World’s most powerful wine and spirits brands soar above pack

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The world’s leading wine and spirits brands have grown in value over the past 12 months as consumers search for the safety of respected brands. Intangible Business, a brand valuation consultancy,...

Wine industry concerned about rumoured tax hikes

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With speculation rife that beer and wine will be subjected to tax hikes in the upcoming budget, the Australian Winemakers Federation has expressed fears about the future for the sector. CEO Stephen Strachan...

Australian wine gets greater access to China, Hong Kong

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Australia’s growing wine exports to China and Hong Kong will be strengthened with two new agreements to increase cooperation and promote the trade, according to Minister for Agriculture, Fisheries...

Minister heads to China in search of FTA and global food security agreement

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Minister for Agriculture, Fisheries and Forestry, Tony Burke is in China and Hong Kong this week with Australian industry leaders promoting wine and meat and pushing for a free trade agreement.Mr Burke...

World wine consumption down, Australia loses market share

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The state of world viniculture in 2008 has recorded the first effects of the world economic crisis, with world wine consumption recording a drop of 2 Miohl in 2008 compared to 2007. The overall decrease...

Wine production takes a hit but glut still forecast

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Despite total Australian wine grape production being forecast to fall by 13 per cent to 1.6 million tonnes in 2008-09, the downward pressure on prices caused by an oversupply is expected to increase, according...