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Article: Vic; Wine industry sets new goals
- Article from:
- AAP General News (Australia)
- Article date:
- November 22, 2000
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AAP General News (Australia)
11-22-2000
Vic; Wine industry sets new goals
By Royal Abbott
MELBOURNE, Nov 22 AAP - The Australian wine industry today tore up its 30-year long-term
plan and replaced it with new goals saying it had already achieved some of its targets
in just four years.
Today the wine industry set itself the new target of aiming to sell $5 billion worth
of wine a year by 2010.
The industry is expected to sell $2.85 billion worth of wine this year.
In its last long-term plan set in 1996, Australia's wine industry forecasters believed
the country would need to plant 40,000 hectares of new grape vines by 2025.
By spring this year, just four years into the 30-year ...