Too much wine gives Australians headache

According to Decanter magazine. “Australia has an oversupply of 100 million cases of wine and the country’s main industry bodies have put together a plan to correct it.”

To put this into context, Australia is producing 20–40 million cases a year more than it is selling – an amount roughly equivalent to its total sales to the UK, its second largest export market.

You can read the full Decanter story here, and the text of the Australian industry bodies’ statement is available at Winebiz.