Business
Brits snap up Australian wine that didn’t go to China – BBC News
The UK is now the top destination for Australian wine as it looks to overcome crippling Chinese taxes.
By Justin HarperBusiness reporter, BBC News
image copyrightGetty Images
Sales of Australian wine to the UK have surged almost 30% in the last year as producers try to overcome crippling taxes on exports to China.
Wine producers have ramped up exports to Europe to a 10-year high, with the UK now the number one destination.
China increased taxes by a massive 212% in November following a trade spat with Australia which has also affected goods including lobsters and coal.
Wine Australia said the UK…
-
General22 hours agoFour escape injury after jumping from three-storey unit on fire in Newcastle
-
Noosa News21 hours agoGippsland vegetable farm accused of underpaying migrant workers
-
General14 hours agoMan refused bail charged with depicting Adolf Hitler and Nazi symbols on boat
-
Noosa News22 hours agoThe Best Things to Do in Brisbane This New Year’s Eve