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Tasmania Secures $1.5 Million in Funding to Boost Wine Industry Growth and Sustainability

by Kaia

Tasmania’s wine industry has been allocated $1.5 million in state government funding aimed at fostering long-term growth and sustainability.

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A key component of the funding, $1.05 million, will be directed towards addressing workforce challenges and enhancing sustainability within winemaking and cellar door operations. This initiative aims to uphold high industry standards, including achieving carbon positivity.

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An additional $450,000 will support the Tasmanian Cool Climate Wine Research Hub, a collaboration with the Tasmanian Institute of Agriculture (TIA). The hub will focus on research tailored to the unique conditions of Tasmania’s wine-growing regions.

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Wine Tasmania CEO Sheralee Davies emphasized that the investment is crucial for the industry’s continued expansion and environmental responsibility. “This funding will drive key research priorities, environmental and carbon initiatives, and improve access to technical support, education, and training,” she said.

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Davies also noted that Tasmania’s wine region is gaining global recognition due to its exceptional wine quality, strong market growth, increasing tourism, and regional employment. She further highlighted that the industry is expected to play a significant role in the state’s AgriVision 2050 strategy, which aims to boost Tasmania’s annual farmgate value to $10 billion by 2050.

With an optimistic outlook, Davies predicted that the wine sector could become one of Tasmania’s primary economic drivers within the next decade or so.

Primary Industries and Water Minister Jane Howlett praised local wine producers, noting, “It has been a fantastic year for Tasmania’s wine industry. This agreement with Wine Tasmania will further drive growth and sustainability in wine production.”

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