The wine industry is staring down at least two more years of oversupply challenges, with more than 2-billion-litres of product in storage.

The latest report from RaboBank indicates it will still take years to get the market back to normal, even if China was to lift tariffs on Australian wine early.

Rural reporter Madelaine McNeill caught up with Australian Grape and Wine chief executive Lee McLean to find out more about the industry's concerns.

The wine industry is staring down at least two more years of oversupply challenges, with more than 2-billion-litres of product in storage.
The latest report from RaboBank indicates it will still take years to get the market back to normal, even if China was to lift tariffs on Australian wine early.
Rural reporter Madelaine McNeill caught up with Australian Grape and Wine chief executive Lee McLean to find out more about the industry's concerns.

The Rural News

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia’s largest media business and international correspondents.

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia&rsquo;s largest media business and international correspondents.

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