Yianni Koutouzis says China’s removal of tariffs on Australian wine not an immediate fix

·

The owner of Sixty Eight Roses and Riverland grape grower Yianni Koutouzis has stressed that the removal of Chinese tariffs on Australian wine wouldn’t be an immediate solution to the South Australian region’s wine crisis.

South Australia is the nation’s biggest wine-producing state, and local producers have cautiously welcomed Beijing’s decision.

The state’s wine exports to China peaked in October 2020 — a month before the tariffs were introduced — at $946 million, which made up almost half of SA’s global wine exports, according to the state government. By January 2024, they were valued at a mere $2.8 million.

“It’s a crisis at the moment in the Riverland, it’s a very, very serious matter, and it’s something that needs to get addressed pretty quickly, and hopefully this [the tariff removal] will give some sort of relief for us,” Mr Koutouzis told ABC News.

China made an announcement on Thursday, March 28 that heavy tariffs on Australian wine would end the next day.

Source: ABC News.

Advertisement

Share:

KEEP UP TO DATE WITH TGH

By subscribing you accept our Terms of Service and Privacy Policy.

Advertisement

Latest News

The Greek passport (for Aussies) debacle: Part One

For quite a while now, I've been hearing complaints from Greek Australians about long delays in obtaining a Greek passport.

Harry Mavrolefteros’ First Education wins ‘Business of the Decade’ at National Awards

First Education, founded by Harry Mavrolefteros, was awarded 'Business of the Decade' at the 2025 Australian Small Business Champion Awards.

Little Legs Foundation sets monopoly World Record in memory of Alegra Vasiliou

The Little Legs Foundation officially set a new Guinness World Record for the most people playing Monopoly in a single venue.

Hellenic Medical Society of Australia’s Careers Day returns to inspire students

The Hellenic Medical Society of Australia invite all year 9-12 students to attend the HMSA ‘Pathways to Success’ Careers Day.

Melbourne man charged for impersonating police officer and assaulting families

Franesko Vamvakaris appeared in Ringwood Magistrates Court on Monday, facing charges of impersonating a police officer and unlawful assault.

You May Also Like

‘Just trying to be in my kids’ lives’: Dimitris Garbas’ MS diagnosis and fight for life

"I'm not going to have my daughter wheeling her father in a chair when she's 16," Dimitri says in an interview with The Greek Herald.

10th Greek Street Fair in Burwood set to be bigger than ever

Greek dancing performances, live Greek music, food trucks and more at the annual Greek Street Fair Burwood on Sunday, from 11am to 5pm.

Greek and Romanian leaders discuss bilateral relations and Ukraine crisis

Greek Prime Minister, Kyriakos Mitsotakis, paid an official visit to Romania on Wednesday and met with the country's PM and President.