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SBS On the Money: Is Prosecco in Australia under threat?

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Australian wine producers have taken their case to Parliament House in Canberra as the right to use the name Prosecco comes under threat. Just like Champagne winemakers in the French region have a monopoly on that name, Italy is seeking exclusive rights over Prosecco. SBS Finance Editor Ricardo Gonçalves speaks with Australian Grape and Wine CEO Lee McLean to find out more, plus Catherine Allfrey from WaveStone Capital on the day on the markets


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Presented by Ricardo Gonçalves

Source: SBS News


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Australian wine producers have taken their case to Parliament House in Canberra as the right to use the name Prosecco comes under threat. Just like Champagne winemakers in the French region have a monopoly on that name, Italy is seeking exclusive rights over Prosecco. SBS Finance Editor Ricardo Gonçalves speaks with Australian Grape and Wine CEO Lee McLean to find out more, plus Catherine Allfrey from WaveStone Capital on the day on the markets



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