Vintners toast Aussie’s falling value

Original article by Tim Binsted
The Australian Financial Review – Page: 31 : 16-Oct-14

Wirra Wirra Vineyards plans to capitalise on the recent fall in the value of the Australian dollar by increasing its export volumes to around 20 per cent in the next several years. Exports currently account for 10-15 of the South Australian wine producer’s output. Winemakers’ Federation of Australia CEO Paul Evans notes that the best outcome for the industry would be for the currency to fall to around $US0.80

CORPORATES
WIRRA WIRRA VINEYARDS, WINEMAKERS’ FEDERATION OF AUSTRALIA INCORPORATED, RABOBANK AUSTRALIA LIMITED

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