Australia’s Biggest Wine Producer Shuts Down Victorian Winery Amid Increasing Costs

7/6/2023|Updated: 7/6/2023

Australia’s biggest wine producer will shut down one of its Victorian wineries, leaving about 60 vintners and staff out of a job.

ASX-listed Treasury Wine Estates announced it would sell its Karadoc winery by mid-2024, saying the change would allow the company to focus on its luxury and premium wine portfolios.

Nina Nguyen

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Nina Nguyen is a reporter based in Sydney. She covers Australian news with a focus on social, cultural, and identity issues. She is fluent in Vietnamese. Contact her at [email protected].

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