Australia is home to many family owned vineyards but with an ageing generation of owners the challenges around succession need to be addressed.
Like other sectors, the wine sector is not immune to the pressures and challenges around succession and planning, open dialogue and honest conversation with the next generation is crucial.
Planning for generational change in wine industry to put a cork in conflicts A lawyer specialising in the wine industry says family-run vineyards need to have clear succession plans in place, in order for the industry to remain strong into the future. The New South Wales Hunter Valley is Australia's oldest wine making region, and is known for its semillon, chardonnay and shiraz varieties. The region is home to more than 150 vineyards and cellar doors, many of which are family-operated.