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Australia Supplement 2005

Australias rapid rise through the ranks to become the top supplier of still wine to the UK has been the most dramatic story of the past decade. Precocious, confident and dismissive of tradition, Australia seemed to gain market share without even trying. Now, with maturing markets at home and abroad, falling grape prices, profit warnings from Perth to Sydney and numerous boutique wineries operating on the edge of bankruptcy, are the good times for Australian wine over?

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