Rising costs have driven the cost of a pint of craft beer up to as much as $20 at some Australian pubs. Australian Hoteliers Association South Australia branch head Anna Moeller told ABC […]
Craft beer hits $20 a pint at Aussie pubs
Chinese premier raises a glass to Australian wine exports
Treasury Wine Estates (TWE) has welcomed Chinese premier Li Qiang to Penfolds Magill Estate following Australian wine exports hitting $86 million in value just one month after trade sanctions lifted. Li Qiang […]
Hellyers Road raises Australia’s largest alcohol crowdfund
The owner of Australia’s oldest operating single malt whisky distillery, Hellyers Road, has announced the successful closure of its crowdfunded equity raise, achieving $4.38 million from more than 1300 investors in just […]
Independent retailers demand action on youth crime wave
Independent retailers are calling on governments to take immediate action to combat the growing youth crime wave sweeping Australia. Following yet another weekend of violent attacks across Melbourne, MGA Independent Businesses Australia […]
Australian Vintage eager to revive Accolade merger talks
Australian Vintage Limited resumed trading this week following a voluntary three-week ASX suspension to raise capital and would like to reboot merger talks with Accolade Wines. The company’s share price almost halved […]
Scotch whisky offsets bourbon sales decline for Brown-Forman
Brown-Forman may have built its fortunes on bourbon, but booming sales of Scotch whisky Glenglassaugh were the highlight of the company’s fiscal 2024 results, offsetting declines in Jack Daniel’s. President and Chief […]
Wine Australia cancels Jindalee Road’s export licence
Wine Australia has cancelled the export licence held by Jindalee Road Wines, which operates out of the Murray Darling in NSW. Wine Australia’s Label Integrity Program investigation found that Jindalee Road Wines had failed to meet its record-keeping […]
Spending rises in off-premise, declines in on-premise
The monthly CommBank Household Spending Insights Index (HSI) rose in May after falling in April, continuing the month-to-month spending volatility seen throughout 2024. Drinks industry growth was led by liquor stores, however […]
Guinness announces first-ever global partnership in football
Guinness has announced its first-ever global football partnership with the Premier League. The four-year agreement, which kicks off for the 2024/25 season, will see Guinness become the Official Beer of the Premier […]
TWE announces premium brands restructure
Treasury Wine Estates (TWE) has announced the integration of its Global Revenue Growth (GRG) function into the organisation’s Premium Brands (TPB) Division, which will see Peter Neilson leave the business. TWE said […]
