Australian Vintage - formerly McGuigan Simeon Wines - posted a profit in 2007-08.

The popularity of rosé has been confirmed as new figures show the number of regular wine drinkers who drink rosé has risen by over 60% in the last three years.

A major collection of 2000 Bordeaux comes under the hammer next month at Christie's London.

A hailstorm accompanied by 100km winds devastated much of Montalcino's Brunello crop earlier this month.

Drinks giant Foster's is considering buying, and selling, assets as part of a six-month review of its troubled wine business.

Ben Chaffey, McLaren Vale pioneer and co-founder of Seaview winery, has died aged 93.

Australia has overtaken the UK as the biggest export market for New Zealand wines, according to the country's winegrowers' association.