Topic “wine exports” — Exporter Magazine
The fall in vineyard values had increased banks’ “anxiety” about land as security. A large number of companies were on the market, particularly in central Otago and Marlborough, and quite a few were forced sales. 
Winemakers’ Federation of Australia chief executive Stephen Strachan said this week that many local producers were vehemently opposed to NZ wineries receiving the rebate, but the terms of the CER deal meant that NZ wine sold on the other side of the Tasman was eligible. 
