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- ✈️ SA Wine Exports Surge to $340 Million in China Since Trade Lift
✈️ SA Wine Exports Surge to $340 Million in China Since Trade Lift
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👀 In today’s Positively Adelaide:
SA Wine Exports Surge to $340 Million in China Since Trade Lift
South Australia: A Prime Location for Business Investment and Growth
Experience Intimate Dining at Shobosho's Exclusive Sapporo Room
Today’s reading time is 6 minutes.
🌡️ WEATHER
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🗞️ WHAT YOU SHOULD KNOW
SA Wine Exports Surge to $340 Million in China Since Trade Lift
Since March, when trade restrictions were lifted, more than $340 million worth of wine has been exported to China. The Malinauskas Government continues to work harder than ever on behalf of the local industry to re-engage with Chinese buyers.
Trade Minister Joe Szakacs will head a delegation to China later this month targeted at high-level business and government meetings to advance South Australian wine, seafood, agribusiness, and technology exporters.
The Details :
The Malinauskas Government has announced a $1.85 million re-engagement package, supporting more than 30 local exporters to take part in the Asia-Pacific tradeshow in Hong Kong this May.
South Australian exporters sold $1.56 billion worth of wine in the 12 months to June, a 20% increase from the previous financial year.
China is the top export market for South Australian wine, worth $343.8 million, ahead of Hong Kong .
South Australian exports surged 19% to represent two-thirds of the nation's $2.3 billion export bill over the past year–$1.6 billion. Local merchandise exports to China soared 55% to new highs.
Why it matters:
The prosperity of South Australian wine exports entails huge ramifications for the state's economy and, indeed, for Australia's export sector as a whole. This export increase is a clear case of the stronger demand that Australian wine experiences from some of the key international markets. This further reiterates the standing of Australia as one of the major players in the world wine trade.
Bottom line:
Such exports are very important to the economy of South Africa and greatly contribute to its export value, especially to China. This surge reflects Australian wine's competitiveness and attractiveness across the world market.
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🗞️ TL;DR
Major Stories
👨👩👧👦 Friends of Parks and Nature—an important turnout of more South Australian conservation volunteers—will host its first major forum since 2018. This includes 5000 members from 140 groups across the state, and it will be held at Belair National Park in August.
🌅 Now, a year since its introduction, five of the State's premier organisations formally activated the South Australian Multicultural Charter.
🪂 Under the 2023–24 Anzac Day Commemoration Fund, ten projects have been granted funds statewide, with $84,677 to be provided for community initiatives that honor the legacy of our military history and commemorate Anzac Day.
🏘️ The public is being asked for opinions on proposed planning regulations that aim to increase housing diversity and offer more reasonably priced options for various household configurations, life phases, and lifestyle preferences.
🚑 A code yellow has been removed by SA Health, placing hospitals under an emergency management framework to free up beds, despite the paramedics union's call to retain it following a "huge number" of ambulances being ramped on Wednesday.
🈺 BUSINESS
AUKUS Deal and State Prosperity Project Boost South Australia's Economy
Image: Business Council of Australia
Australian Business Council chief executive Bran Black says South Australia is the best place to work due to its competitive payroll tax system, high AUKUS contract participation and investment in the National Welfare Programme
Description:
Australian Business Council chief executive Bran Black told today's The Advertiser that a government focused on attracting business investment and growing vital sectors of the economy was creating a strong outlook for growth.
He describes the AUKUS deal as a transformation that impacts the entire economy, saying it will attract business, energy and individuals to South Australia
Mr Krishna believes South Australia, with its sound regulatory framework and government committed to boosting trade and investment, with an emphasis on initiatives such as the National Welfare Program and AUKUS, has significant advantages.
According to the CommSec State of the States report, South Australia topped the national economy for the third consecutive year and South Australia has the lowest payroll tax and stamp duty rates in the country, and few legal barriers, . creating a favorable environment for business This success is due to focused government investment in critical areas and careful budgeting.
Why It Matters
Not only does the economy of South Australia demonstrate effective government policies, but it also holds a conducive environment wherein any business or person could prosper. Riding on this momentum and within that kind of environment, South Australians now have the chance to drive continued growth and prosperity in the state.
Bottom Line:
In other words, the economic success of South Australia mainly tells the fact that cautious expenditure and budgeting are the keys towards prosperity by the government; out of which many other states can learn a lot. As long as its people and businesses continue to do well, then the overall growth and prosperity of South Australia will only get better.
📢 NOTEWORTHY EVENT
The Soho Supper Club | August 1 - 25
Fleurieu Food Festival | August 1 - 31
Sala Festival | August 1 - 31
Neat Sips Festival | August 24 - 25
Twilight Gourmet Festival | August 25
🥘🍹FOOD & DRINK
Experience Intimate Dining at Shobosho's Exclusive Sapporo Room
Image: SHOBOSHO
Established as a creative partnership between Leigh Street's Shobosho and Japanese beer Sapporo, in the heart of the city, it offers probably the most intimate dining room fully submerged in free-flowing beer.
The aptly named Sapporo Room at Shobosho seats up to six guests for a banquet-style dining experience featuring specialties from both the main dining room and SHO yakitori. With free-flowing Sapporo Premium Beer on tap during the booking, diners can happily savor the full, intimate izakaya experience without ever stepping from the bustling Adelaide CBD.
✨The Sapporo Room
📌 Shobosho, Leigh Street Adelaide
📅 Monday to Wednesday, 5pm – 11pm and Thursday to Sunday, midday to 11pm
🎟️ $145pp (includes free Sapporo on tap)
🛩️ More information at Shobosho
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