Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


New Zealanders share their love for wine

New Zealanders share their love for wine

Kiwi wines were in high demand – and achieved top dollar - at the Wine Auction Room’s live auction at Caro’s last night. As expected, out of all the Te Mata Coleraine the legendary 1998 sold for the highest price on the night at $329 a bottle. Wines from Esk Valley Terraces, and The Antipodean also did well.

Interestingly, over 20 bottles of Port were sold on the night and the 1970 Quinta do Noval sold for $364.

The 1990 Armand Rousseau Chambertin Clos de Bèze Grand Cru, Cote de Nuits achieved the highest per bottle value on the night of $2468.

The wines all came from the collections of a retired Auckland restaurateur and Waikato vet.

Owner, Robyn Pagonis was pleased with how the auction went. “The selection offered by both single vendors were wonderfully different to each other and both proved to be of great interest to our buyers…. maybe this simply reinforces our feeling that what we all have in common is our love for wine.”

© Scoop Media

Business Headlines | Sci-Tech Headlines


Up 17.% In June Year: Fuel And Rent Drive Inflation

The consumers price index (CPI) rose 0.6 percent in the June 2019 quarter, due to higher prices for petrol and rent, Stats NZ said today. More>>


Services: Softer June Points To Economic Slowdown

Activity in New Zealand's services sector softened in June, adding to a picture of lacklustre economic growth. The BNZ-BusinessNZ performance of services index fell 0.8 of a point in June from May to a seasonally adjusted 52.7. More>>


Incomings: Migration Remains High

Annual net migration was provisionally estimated at 50,200 (± 800) in the year ended December 2018 compared with 52,600 in the previous year, Stats NZ said. More>>


BusinessDesk: ComCom Files High Court Proceedings Against Westpac

The commission alleges the bank breached the Credit Contracts and Consumer Finance Act 2003 by failing to provide key information it was required to give customers under the law. More>>