Riverland grape grower sells farm due to industry crisis

Grape grower Jack plans to sell his property over the next twelve months, hoping to find a buyer before the next vintage begins. According to him, many grape growers have concluded that running such a business under current conditions is no longer feasible, as the situation does not improve and cities are losing their vineyards, leaving behind vacant land.

Last month, the South Australian government announced a $109 million aid package for the struggling wine industry. This program includes loans of up to $500,000 designed to help farmers transition to growing other crops. However, in Jack's estimation, many producers have already lost faith in an improvement of the situation.

Finding a buyer for the vineyards is complicated by the fact that banks are reluctant to issue loans for the acquisition of such properties, and this particular land is not suitable for subdivision into residential plots. The sales process is exacerbated by the general crisis in the sector.

In the past, Jack was involved in mental health support within the local community, organizing weekly coffee meetups for fellow farmers to combat stress and anxiety. Riverland Wine Executive Director Andrew Weeks noted Jack's contribution to advocating for producers' interests at various meetings with politicians at all levels.

Jack's plans after selling the farm include traveling around Australia and visiting his historical homeland in Greece. In his time, his family moved to Australia from Greece in search of a better life, and later Jack, together with his brothers, ran a long-standing farming business growing wine grapes, citrus fruits, and dried fruit.