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Langton's Classification of Australian Wine is a listing of fine Australian wines compiled by wine-specialist auction house and online merchant Langton's. The Classification is a ranking of the best-performing Australian wines based on secondary market support over a minimum of 10 vintages. It was first published in 1991.
In the late 1980s, governments sponsored growers to pull out their vines when Australia was a net importer of wine. [16] Low grape prices in 2005 and 2006 have led to calls for another sponsored vine pull. [17] Cleanskin wines were introduced into Australia during the 1960s as a means to combat oversupply and poor sales.
Firstly, due to the partners’ notable experience in e-commerce— in particular, online wine trading. [20] Secondly, due to a substantial rise in Australian wine sales in 2016, driven mostly by the success of rival Australian wine company, Treasury Wine Estates, owner of the brands Penfolds, Wolf Blass and more. [20]
Kingston Estate winery was established in 1979 by Sarantos and Constantina Moularadellis.. It is a family-owned winery now in the care of Bill Moularadellis.He expanded the business by developing vineyards throughout the Riverland and sourcing grapes from farmers in Adelaide Hills, Coonawarra, Clare Valley, and Langhorne Creek.
The first vintage of Penfolds Grange was made on an experimental basis in 1951 by Penfolds winemaker Max Schubert and were largely given away at the time. [2] Having toured Europe in 1950, Schubert implemented wine-making techniques observed in Bordeaux upon his return, aiming to create a red wine able to rival the finest Bordeaux wines both in terms of quality and ageing potential.
The Wine Corporation Act 1980, an amended version of the Australian Wine and Brandy Corporation Act 1980, passed in December 2010, enacting a change of name to Wine Australia. [ 13 ] [ 14 ] In 2013, this piece of legislation was amended and thus recompiled to include up to date modifications and to respond to the changing demands of the wine ...
Dan Murphy's pricing strategy sparked an anti-competition problem in 2003, with industry analysts claiming that Woolworths and Coles were seeking to bankrupt rival liquor retailers, mostly by lowering prices of wine. [13] The business has admitted to selling liquor at times below cost to "aggressively drive sales". [14]
It was created in 2014 by merging Wine Australia and the Grape and Wine Research and Development Corporation. [1] The Australian Grape and Wine Authority includes a regulatory body that ensures wine production complies with the Food Standards Code and ensures that information on labels of Australian wine is accurate, including geographic ...