New Hurdles Face Aussie Wine Biz

Dear Client:It’s no secret that Australia has had a rough couple of years and as a result is losing momentum in some of its most popular export markets, like the U.S. and U.K. At this point the industry doesn’t want anything else against its favor, which is why it’s lobbying the Australian government to prevent wine being taxed according to alcohol content, like beer and spirits. Without an added tax, the value of Australian wine exports are already falling -13.6%