Date: April, 2009
Abstract: The 2008/09 growing season has presented more challenges for the Australian wine industry than one would normally expect in a generation. A forecast harvest size of 1.42 million tonnes will again test the supply/demand equation for Australian wine. The effects of the financial crisis have well and truly penetrated European, North American and Australian households, eroding consumer demand and confidence as fears of a recession and higher unemployment loom. While water prices in Australia have ea...
Research Type: Industry Note