-
- Another kick in the balls to the Aussie wine exporters
The Australian dollar has just passed 92c US and is predicted to hit $1.10..
As an Importer of Aussie Wines, we have now made the decision to put things on hold importing from Australia until it drops below 85c
Another blow for an industry in crisis.
-
3027 - Reply by Philip, Oct 16.
Wow - there's no room to increase the retail price of the wines? Aus makes some really good wines (both inexpensive and pricey), its a shame to see them getting a bad rap for all their sub $10 wines (which are still good for the price)
-
1738 - Reply by Gregory Dal Piaz, Oct 16.
Ow, that's gotta hurt.
Can't see the dollar strengthening much in the near term.
Good Luck
-
052
- Reply by Charles Emilio, Oct 16.
Philip - where we are (Peru), we face 55% import taxes so we have to really search hard for Aussie wines with a good QPR. Because a cheap Banrock Station or Hardys is not going to compete with the Argentines & Chilenos
We're now focusing on Sth African & Italian.
The reason I think this a big blow to the Australians is because they are now associated with being cheap and cheerful in the US and UK
