The 2016 year-to-date (Jan-Apr) volume of Australian frozen grassfed beef (which accounts for the majority of Australian beef to China) exported to China saw a drop compared to 2015, but there were increases in other categories. Australian total beef exports to China for the first four months (Jan-Apr) of 2016 were down 26% compared toRead more
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The current business and consumer confidence will continue to have a positive effect on Australian property into 2016, according to “Property Outlook“, the 2016 forecast report by Colliers International. “We have experienced a sustained increase in business confidence over the past twelve months,” said Colliers International CEO Australia and New Zealand, John Kenny. “This confidenceRead more
One of Australia’s oldest winemaker, the McWilliam family has sold three vineyards to Hong Kong-listed group CK Life Sciences for $15.7 million in a sale and lease back arrangement. The deal includes the Hanwood Vineyard in Griffith, NSW – the first vineyard planted by John James McWilliam more than a century ago – and theRead more
CHATEAU Yaldara has been sold by owner Australian Vintage to Chinese owned-company 1847 Winery. The winery near Lyndoch, which was established in 1947 by refugee Hermann Thumm, is expected to change hands in November or December as soon as 1847 acquires a liquor licence for the winery. 1847 is owned by Zhitai Wang of NewRead more
A CHINESE investment group has bought a majority stake in Coonawarra winery Hollick Wines. Founders Ian and Wendy Hollick said they had sold a controlling interest in the winery they started in 1983 to Hong Kong Yingda Investment Co. The investment follows other Chinese wine deals in recent years such as Gemtree Vineyards’ joint ventureRead more
ONE of China’s oldest state-owned liquor producers, Luzhou Laojiao, has bought a multimillion dollar stake in McLaren Vale’s Shottesbrooke Vineyards. The equity and investment deal will see China’s third-biggest bai jiu producer responding to changing sensibilities in its home market after more than 400 years in business. Bai jui is an alcoholic drink made fromRead more
