AUSTRALIA: Oversupply must be addressed Oz wine conference warned
Wine oversupply in Australia and its New World competitor countries is no longer a possibility but a present reality, according to David Combe, director of the Evans & Tate winery and former senior executive in charge of exports at Southcorp. Exports alone could not absorb future production levels without risking huge damage to Australia's quality image and carefully nurtured price points, he told an industry conference in Barossa.
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