Looking for good wine at rock-bottom prices? Well, look no further than the land down under, where the price of wine today is actually even cheaper than water. Yes, a bottle of wine in Australia nowadays can actually be purchased at less than $2 a bottle, compared to a litre of water which sells at around $3. Good news for wine-drinkers, who can now pick up a bottle of some of Australia?s best wines at a fraction of the price, but obviously bad news for the winemakers. Places like Dan Murphy?s offer 2005 Cabernet Merlot for just AU$1.95 dollars a bottle, and six-bottle packs of Chardonnay can go for AU$11.93.
For the past three years, Australia has had massive grape harvests, resulting in billions of litres of wine sitting unsold in wine barrels across the country. Now, its easy to come by ?clearskins?, or wine producer?s excess stock in unlabeled bottles at even lower prices. Wine bargains are everywhere, and while these ?clearskins? were once known for their questionable quality, some of the top winemakers have now put this to practice , joining the fierce competition in getting their stock off the shelves. Share prices of winemaking companies have obviously tumbled, and danger is very real for many vineyards who may be put out of business.
The experts are saying however that this glut of incredible wine prices wont last. So their advice is to stock up your cellars while you can.