De Bortoli suffers $24m profit slump

Winemaker De Bortoli, has suffered a $24.7m full-year profit loss, thanks to the high Australian dollar and the value of its equities investment portfolio taking a $50m hit.
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Asahi buys Aussie brewer

Independent Distillers, a wholly owned subsidiary of Japanese beverage giant Asahi, has snapped up local brewer Cricketers Arms as it expands its footprint in the local market.
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Global wine production on the decline

According to a report released by the International Organisation of Vine and Wine (OIV), world wine production dropped by approximately six percent to 251 million hectolitres (Mhl) in 2012.
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Cork-free bubbly could be just around the corner

The Australian Wine Research Institute and packaging manufacturer SPS Australia International have been examining screw caps on sparkling wine, though some have reservations that this development could limit export opportunities.
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