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Penfolds Grange wine maker Peter Gago says tax cheap wine more

2015-06-04 07:45:55| Beverages - Topix.net

The man who makes Australia's most famous wine, and one of its most expensive at $785 per bottle, is backing proposed changes to the way wine is taxed across the industry to a system where cheap wines would be slugged with higher taxes. Peter Gago, the winemaker behind Penfolds Grange since 2002, says the only way the $4 billion wine industry in Australia will thrive over the long-term is to shift further up the quality scale and embrace premiumisation.

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