New report by Australian wine industry looks for ways to reduce oversupply
A new report by released by Australia's four main industry organisations says that 17 percent of vineyards are uneconomical and that there is a surplus of wine equal to 75 percent of total annual production or annual exports to the UK. It also addresses ways the industry can solve this problem.
The report, produced by the Winemakers' Federation of Australia, was sent to all winemakers in Australia.