Record amount invested by Wine Australia

Wine Australia will invest a record $79 million on behalf of the grape and wine sector in 2019/20, investing in research, development and extension (RD&E), market development and export regulation according to its Annual Operational Plan 2019–20 (AOP) released this week.

Andreas Clark, Wine Australia’s Chief Executive Officer, said the sectors’ unwavering focus on improving perceptions of Australian wine internationally was paying dividends.

Now in its fifth year, Wine Australia’s Strategic Plan 2015–2020 has delivered on its objectives. Consultation for the development of the next five-year strategic plan, will begin shortly with the grape and wine sector.

“We’ll be holding consultation meetings in each state and grapegrowers and winemakers will have the opportunity to provide their opinions on what our RD&E, marketing and regulation priorities should be over the next five-year period,” Mr Clark said.

Wine Australia was working with Australian Grape and Wine Inc, which was developing an overarching long-term plan that would guide the objectives of Wine Australia’s five-year plan.

The record expenditure reflects additional revenue from the Australian Government’s $50 million Export and Regional Wine Support Package, the administration of the $10 million Wine Tourism and Cellar Door Grant and a drawdown of reserves to support RD&E expenditure.

For more detail about what will be delivered in 2019–20, the Wine Australia AOP can be downloaded from the Wine Australia website.

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