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The Wine Gourd: Australian bulk wine exports are economically inefficient


Monday, February 8, 2021
Australian bulk wine exports are economically inefficient
As many of you will know, the Australian wine industry is in big financial trouble at the moment, because the Australian federal government has decided to antagonize the national government of one of its biggest trade partners, China. The source of the underlying dispute is somewhat beside the point, as it has nothing to do with the wine industry, although that industry is being targeted in retaliation. In a similar manner, the US government is currently targeting parts of the European wine industry, with penalties for things that have nothing whatever to do with the EU wine industry. ....

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