AUSTRALIA: Negativity "threatens" Oz industry
The report said current concerns were overblown and could lead to other nations stealing Australia's market share. "Increased wine market volatility since 2000 has brought a measure of paralysis to the Australian industry. This paralysis extends across wineries, financiers and growers,"
Alexandra McPhee, author of the KPMG report, wrote that more grapes needed to be planted or the industry would risk losing to overseas rivals.
"We don't believe there is a medium term structural over-supply." The report added: "The trap of six monthly reporting detracts from the industry's requirement to take a medium to long-term view."
- Why consumers don't care about vodka's provenance
- Pernod Ricard's FY Performance by Region, Brand
- Japan follows in Scotch whisky's footsteps
- Brown-Forman's Q1 Performance by Region, Brand
- Pernod Ricard's FY fiscal-2015 - Preview
- Diageo launches glass Bulleit & Cola bottles
- Pernod Ricard "in line" after full-year results
- Pernod Ricard releases social medial guide
- Bruno Mars rum rolls out across US
- Brown-Forman CEO unfazed by FX headwinds
- Global gin insights - market data, product innovation and consumer trends research
- Future growth opportunities for global spirits
- Global vodka insights - market forecasts, product innovation and consumer trends research
- Global Tequila insights - market forecasts, product innovation and consumer trends research
- Global rum insights - market forecasts, product innovation and consumer trends research