Tasmanian wine profits top the nation and here’s why

Tasmanian wine profits top the nation and here’s why

The Apple Isle is the most profitable wine region in Australia. Tasmania is following a simple strategy of concentrating on the top-end price brackets and has been careful not to distort the laws of economics, only ever expanding production in response to rising demand. Every one of the six million bottles of wine produced in Tasmania sells at a retail level of at least $15 per bottle, with most much higher. Wine producers in the state say the increasing cachet surrounding its high-quality production is opening more doors both on the mainland and overseas.

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