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  Regional News: Oceania
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Americans Are Thirsty for the New Zealand Wine Business
Wine lovers in the United States are drinking more New Zealand wines than ever, with double-digit annual percentage increases in the value of imports for the past five straight years. As demand increases, investors are also developing a taste for Kiwi wine. Recent acquisitions in the New Zealand wine market by two U.S.-based major players-Foley Family Wines and Terroir Selections-signal an increasing confidence in the wines' future.
Is Salta Argentina's Next Hot Spot for Wine?
The mainstays of the region's wine production are high-altitude, mineral-driven Malbec, and surprisingly approachable, soft-edged Tannat (a wine often with hard tannins), both showing promise as foils to Mendoza's warmer, riper styles. The third, but perhaps most important grape, is a white variety called Torront├ęs.
Wine grape yields halved in Adelaide Hills
Cool conditions during flowering at the end of last year resulted in poor fruit set. Australian Vintage viticulturist Murray Leake says it's disappointing that yields are so low. "Chardonnay, Pinot Noir and Pinot Grigio on average have all been about 50 per cent down.
European wasp gets a hold in Western Australia
Residents in the Perth's south and eastern suburbs are being urged to keep an eye out for European wasps which have established a presence in the area this year. Eight of the 49 European wasp nests destroyed by the Department of Agriculture and Food this year were located around Kelmscott and Mt Nasura, Department senior technical officer Marc Widmer said.
Accolade Wines Acquires Leading New Zealand Brands
Accolade Wines has finalized the purchase of a suite of award-winning New Zealand wine brands including Mud House and Waipara Hills, and their assets, from the Mud House Wine Group. In addition, the deal, initially announced last November, will see Accolade add the Dusky Sounds, Haymaker and Skyleaf brands to its extensive portfolio of New World wine brands.
Can NZ avoid another wine glut?
As New Zealand harvests its second bumper vintage in a row, one winery owner has expressed concern that the country will repeat the oversupply pricing problems of 2008.
New Zealanders forecasted to buy 15% of their wine online
Online-only wine retailer Rewined predicts that the New Zealand online wine market will account for 15% of total retail sales completed online by 2018. This is based on the rise in the industry sector in the past two years and international trends.
NZ: Vineyards begin to sell on rising confidence
Vineyards that have been on the market for years are starting to sell as buyers gain confidence in the wine industry again, Marlborough real estate agents say. Bayleys Marlborough agent Tim Crawford said the company had sold 12 vineyards in the past year.
Australian Vintage warns of 'challenging' 2014 crop
McGuigan wines producer Australian Vintage has warned that it is facing a difficult 2014 vintage, but the firm has been buoyed by a rise in profits in the first half of its financial year.
Margaret River 2014 harvest 'strongest yet' for white wines
Winemakers in Western Australia's Margaret River region are becoming increasingly confident that 2014 will be one of their best vintages yet for white wines.
Half year operating profits significantly down at Treasury Wine Estates
Half-year operating profits at Treasury Wine Estates fell by 38% to A$45.8 million, which it blamed on increased marketing and distribution investment and challenging conditions in Asia and Australia.
Trinity Hill winery sold to US buyer
Trinity Hill, a mid-sized Hawkes Bay wine producer, said US winery owner Charles Banks planned to take a controlling 67 per cent stake in the company, subject to regulatory approvals.
Treasury Wine could deliver $2bn through US division sale: Merrill Lynch
Treasury Wine Estates is under renewed pressure to sell its troubled US division after a report from Merrill Lynch analyst David Errington declared the company could deliver at least $2 billion in extra value to shareholders by breaking itself up.
AU: Fragmented protection will devalue Broke wine region
The state government claims they have got the balance right when it comes to the Strategic Regional Land Use Policy and the mapping of two critical industry clusters (CIC) in the Upper Hunter region.
AU: Hunter Valley winery invests in solar
A sixth-generation, family-owned winery in the Hunter Valley has installed a 200 kilowatt solar power system, energy efficient lighting and refrigeration upgrades.
US billionaire Foley expands wine interests in NZ with the acquisition of pinot noir pioneer Martinborough Vineyard Estates
The business would add to the Te Kairanga Wines company, just down the road in the town of Martinborough that Foley acquired in 2011
NZ needs to 'broaden story'
New Zealand needs to focus on getting the message of its other grape varieties over to consumers thinks New Zealand Winegrowers CEO, Philip Gregan.
Australian wine exports drop in 2013
Exports of Australian wine have slipped back in the past year due to weaker consumer demand in the country's biggest markets, the latest figures confirm
HB wineries combine forces to sell more wines into China
Funding has been confirmed for a $500,000 three-year programme to increase awareness and sales of Hawke's Bay wine into China.
Treasury Wine in urgent need of new CEO to see off predators who fancy Penfolds
TWE marched previous boss David Dearie in September over $160 million in writedowns taken against the US business. Since then non-executive director Warwick Every-Burns has been filling the role on an interim basis.
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