Chinese authorities have released an interim decision that high tarriffs on Australian wine are no longer necessary, with the taxes expected to be lifted within weeks.

The tariffs of 220 per cent were put in place in 2020 on bottled wine, and saw the value of Australian wine drop from more than a billion at its peak to just $10 million last year. Mitchell Taylor, Director of Taylors Wines says that the tarriffs led to a "hellish" period for Australian winemakers, and he says they're "cautiously optimistic" about the interim decision.

Guest: Mitchell Taylor, third-generation Winemaker; Managing Director of Taylors Wines