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Australian wine makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine a...
Total group earnings reduced by 5.8 per cent due to a conscious weighting of product shipments to the second half of FY24.
Soaring profits at big companies selling everyday staples such as groceries, electricity and insurance bring new risks for shareholders and undesirable scrutiny from Canberra.
Australian wine makers have shipped millions of bottles of wine to Hong Kong in a bet that China will soon lift tariffs on Australian wine and revive a trade worth hundreds of millions of dollars,...
China has been lifting trade barriers on other Australian goods as relations improve, and data shows winemakers sent almost 2.5 million litres of wine worth US$65.5 million to Hong Kong in December.