Inland wine grape growers seek government support to exit industry 'with dignity' amid wine glut

  • 📰 abcnews
  • ⏱ Reading Time:
  • 30 sec. here
  • 14 min. at publisher
  • 📊 Quality Score:
  • News: 57%
  • Publisher: 83%

Viticulture News

Wine,Grapes,Australian Grape And Wine

Since the imposition of hefty Chinese tariffs on Australian wine in 2020, wine grape growers have barely broken even and the federal government has signalled it will not fund growers to exit the industry.

The federal government is providing $3.5 million to help the wine industry address the wine and grape oversupply.Agriculture Minister Murray Watt says the Australian government is "not in the habit" of funding growers to exit an industry.

Now, as a three-year contract comes to an end, he's facing the prospect of leaving his grapes to rot on the ground and the "heartbreaking" decision of pulling out his vines. But Agriculture Minister Murray Watt on Wednesday said funding for growers to exit the industry was unlikely."We're not in the habit of providing tens of millions of dollars to pay people to exit an industry," Mr Watt said.

"Removing barriers to exit like the cost of removing vineyards and posts in a safe and sustainable way might help to exit with dignity."

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Chinese electric cars flood Australian market, benefiting consumers but raising concernsChinese-made electric cars are gaining popularity as a cheaper alternative to brand names like Tesla, and Australia is benefiting from the increased supply.
Source: abcnews - 🏆 5. / 83 Read more »