Latest News

Local News

ACCC HANDS DOWN WINE GRAPE REPORT

grapes

The highly anticipated report from the ACCC into the Australian wine grape industry has been released, with the commission citing 10 recommendations.

The ACCC cited factors such as quality assessments, price transparency, payment periods & unfair contract terms as some issues for attention.

ACCC deputy chair Mick Keogh said "the current structuring of contracts which allows winemakers to stipulate how long they will pay for grapes is unfair"

The ACCC also said they remain concerned about harmful market practices that the commission had uncovered throughout the past 12 months.

The final recommendation in the report outlines better meastures to address an imbalance between grape growers & Large winemakers.

The full report can be viewed via the ACCC website.