The Latest Breaking News from Treasury Wine Estates

Down the drain: Penfolds maker falls into the red

Treasury Wine Estates has delivered a huge earnings loss on the back of large writedowns of the value of its US assets and supply chain issues.

AAP · Aug 13

FED:Penfolds maker focuses on top drops as tastes shift

Treasury Wine Estates believes its future lies in focusing on its top 10 "power" brands, including its flagship Penfolds reds, to improve shareholder returns.

AAP · Jun 4

FED:Penfolds maker eyes 'power' wines as palates shift

Treasury Wine Estates believes its future lies in focusing on its top 10 "power" brands, including its flagship Penfolds reds, to improve shareholder returns.

AAP · Jun 4

Penfolds owner's return to China not going as planned

Treasury Wine Estates had high hopes for the Chinese market after Beijing dropped crushing tariffs on Australian imports.

AAP · Oct 16, 2025

Jacob’s Creek, Campo Viejo … the wines I grew up with are suddenly as relevant as Blue Nun

The commercial brands that flavoured my youth are being sold off, but there are still consistently good bottles under £10, if you look hard enough

The Guardian - UK · Sep 17, 2024

China lifts steep Australian wine tariffs as relations improve

Beijing imposed the tariffs in 2020 during a diplomatic feud, raising duties from zero to above 200 percent.

Al Jazeera · Mar 28, 2024

Australian Wine Industry Toasts Expected End To China Tariffs

The Australian wine industry welcomed news on Wednesday that China could begin lifting punitive tariffs within weeks, raising hopes that the country's red wine glut will soon ease.

International Business Times · Mar 13, 2024

Treasury Wine's Profit Meets Expectations; China Tariff Review Key

Treasury Wine, an Australian company, sees its profit meet expectations, leading to a jump in stock prices. All eyes are now on the upcoming China tariff r...

Top News · Feb 15, 2024

Lendlease Group hit with first strike after $232m loss

Lendlease has joined Qantas, Woolworths, Treasury Wine Estates, Magellan Financial and Whitehaven Coal in being slapped with a "first strike" on executive pay.

AAP · Nov 17, 2023

Treasury buys luxury Californian vineyard in $1.6b deal

Penfolds owner Treasury Wine Estates will acquire Californian luxury wine brand DAOU Vineyards for a deal worth up to $1.6 billion as it eyes a US expansion.

AAP · Oct 31, 2023