Wine prices lower than bottled water

Posted By Staff

Date: July 5th, 2009

Category: Uncategorized

Australia – A wine glut has driven prices lower than bottled water as the industry faces an unprecedented meltdown and a fire-sale of unprofitable vineyards.
The price collapse and overplanting has forced Australia’s biggest winemaker, Foster’s, owner of prestigious labels such as Lindemans and Penfolds, to sell 31 vineyards across the country. More… Discount Magazine SubscriptionsDiscount Cigarettes and TobaccohostWink.com
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One Response to “Wine prices lower than bottled water”

  1. billy Says:

    I am off to Australia.

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