Strong Australian dollar propels sales of French champagne
The strong Australian dollar has sent sales of French champagne soaring up to 25 percent in Australia in the past year. And for the first time, many Australian ‘methode champenoise’ sparkling wines are now more expensive than the prized French fizz. Imported Moet, which makes up more than 40% of Australian champagne sales, is now selling in liquor barns around the nation for $49 a bottle. As the sound of popping corks explodes across the nation in the lead-up to Christmas and New Year, Australians have developed a love of champagne, said Elizabeth Drysdale, from the Champagne Bureau of Australia.