AUSTRALIA: Australian Wine prices cut as domestic sales fall
Australian wine companies have cut prices in the crucial under-A$10 market to try and reinvigorate a sluggish domestic market hit by GST, rising interest rates and worries of am impending economic downturn, according to industry leaders. The Winemakers Federation of Australia (WFA) said price competition in the cheaper bottled wine market was the most competitive the industry had seen for years. However it was difficult to pinpoint reasons particularly as the Australian Bureau of Statistics showed figures reporting that bottled wine was still growing 6%.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-drinks gives you the widest beverage market coverage.
Paid just-drinks members have unlimited access to all our exclusive content - including 15 years of archives.
I am so confident you will love complete access to our content that today I can offer you 30 days access for $1.
It’s our best ever membership offer – just for you.
Olly Wehring, editor of just-drinks
- Comment - Diageo Steps Up Defence of Haig Club
- just the Facts - Top 20 US Beers by Value, Volume
- just the Preview - Diageo Q2 & H1
- Remy, dead cats and the power of China's new year
- Focus - Diageo's H1 Results by Region, Brand
- Belvedere vodka tie-up over new James Bond film
- Diageo speaks out over supplier contract changes
- Brown-Forman appoints Jack Daniel's president
- Diageo inks UK distribution deals
- ASA rejects Haig Club ad complaints
- Global RTD/RTS insights - market forecasts, product innovation and consumer trends research
- Global vodka insights - market forecasts, product innovation and consumer trends research
- Diageo plc (DGE) - Financial and Strategic SWOT Analysis Review
- Edrington Group in Spirits (World)
- Global Consumer Trends and Key Consumer Targets in Alcoholic Beverages