Thursday 5 November, Money & Work

Story one of ten today, about seven minutes for the lot

Andrew Margan. Man walking between grapevine rows in vineyard under overcast sky
✓ Newcastle HeraldMoney & Work1 min read

NSW wine industry gets $2.6m recovery package as global oversupply bites

NSW wine producers can get up to $250,000 each. A new $2.6 million recovery package helps them deal with global oversupply.

NSW wine producers face global oversupply and falling wine consumption. NSW wine producers will access a new $2.6 million recovery package announced October 30.

Producers can apply for grants up to $250,000 to support mental health, leadership programs, and marketing campaigns. Marketing campaigns promote NSW wine.

Industry leaders welcomed the support but flagged a tight November 27 deadline for applications. Hunter Valley winemaker Andrew Margan said the industry is scrambling to respond.

The plan is to spend the money strategically across regions. This works better than spreading it thin.

NSW wine currently has about 12 per cent of the domestic market.

$2.6 million
Recovery package
$20,000 to $250,000
Grant range per producer
November 27
Application deadline
October 30
Announcement date

Why it mattersThe funding helps struggling regional producers manage hard global market conditions. It also supports rural jobs and communities that depend on wine exports and tourism.

AustraliaWine producers across NSW can apply for grants to strengthen their businesses and support workers' mental health during extended market downturn.

✓ Claims checked against the source and corrected before publish. checked 2 h ago

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