Big on Exports

New Zealand is now the world’s 10th largest wine exporter, despite producing only 1 per cent of the world’s wine, according to the latest figures, which saw exports hit a record $1.18bn in the past financial year. Exports are up 8 per cent on the previous year, with volume up 16 per cent, New Zealand Winegrowers chairman Stuart Smith said. “New Zealand is second only to France in terms of the average price at which its wines are sold. In terms of economic contribution to our nation’s economic prosperity, wine is now New Zealand’s 8th most valuable export sector,” Smith added.


Tags: Decanter  export  NZ Wine Industry  Stuart Smith  Wine  

New NAB Chief Ross McEwan Faced With More Repairs

New NAB Chief Ross McEwan Faced With More Repairs

Sitting in the Royal Bank of Scotland’s revamped offices near London’s Liverpool Street station last month – days after accepting the top job at National Australia Bank, having given 12 months’…