Tasmanian grapes turn a profit as others struggle

Tasmanian grapes turn a profit as others struggle

Almost all Tasmanian wine grapes produced his year sold for a profit, while nationally 85 per cent made a loss, a report has found. The 2015 National Wine Grape Vintage Report also found Tasmania was the most profitable region in Australia. The local industry has worked hard to find new markets before increasing production, meaning demand is outstripping supply. Sheralee Davies from Wine Tasmania said the news was bad for most interstate producers.

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