Aussies still rule with boutique wines
The cornerstone of the Australian wine miracle over the last 25 years has been big volume, good quality branded wine at highly competitive prices.
The formula blew the Old World out of the water when Australian winemakers arrived on the scene in the early 1980s. But just as they ambushed the Old World wine industry, Australia is now being sniped at by Chile, Argentina and beyond.
Emerging countries like India and China are within five years of becoming reputable wine producers, a move that will cause financial worries for all other NewWorld producers. However, Australia has hit on another...
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