Grape Glut

Leyden, Fleur
July 2006
Forbes Asia;7/24/2006, Vol. 2 Issue 13, p51
The article focuses on the impact of the increase in vineyards in Australia on wineries and grape growers. Australia's wine exports have increased from $305 million in 1995 to $2.1 billion in 2005. The use of cheap grapes had affected the prices for bulk and other low-end wine in Australia. It argues that the government has refused to provide growers with a $45 million bailout.


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