Gee it's a good time to be buying traditional Australian red varieties, particularly Shiraz.
With the export market collapsed (and no light visible at the end of that tunnel), there are amazing discounts on some iconic names that usually export most of their output. (Not Henschke or Penfolds yet).
Great wines aged 10 years plus are being heavily discounted as producers realize they can't stockpile them forever.
I have not seen this in the 30 years I have been collecting.
Mind you, none of the big names are losing money. Just outrageous profits are being cut.
I have read that no Australian wine actually costs more than $40 to get from ground to consumer.
Not sure if that's accurate? (Maybe not Seppelt 100yr port)
The problem I have is 3 completely full big wine cabinets and I can't stop myself buying.
I'm now leaving the aircon on all day, so the excess wine doesn't cook!