The bottle of wine that cost $3,500

Published

4 years ago

November 1, 2021

How much would you spend on a bottle of wine?

Wine producer Penfolds has released its most expensive ever bottle of wine – a five-vintage blend that retails for a wallet-scorching $3,500.

Named “Penfolds g5”, the red wine is a blend of five vintages of Penfolds Grange stretching back to 2010.

Penfolds will produce just 2,200 bottles of the Penfolds g5 which will be made available globally.

The wine is the final release in Penfolds “g” series, after Penfolds g3 was launched in 2017 and g4 was launched in 2020.

It is the most expensive retail price ever asked for a bottle of Grange, but pales in value compared to the value of some historic vintages on the auction market.

In July, a single bottle of Penfolds Grange from 1951 was sold at auction for a record-breaking $142,131, making it the most expensive bottle of Australian wine ever sold

But hey – if that that seems too cheap to you, in December last year, a complete Penfolds Grange set of 64 bottles dating from 1951 to 2014 sold for $430,000.

Today’s release is said to have “proven ageing potential”, meaning those who snap up one of the 2200 bottles are likely sitting on an appreciating asset.

Australian Dollar surges: What $0.70 means for markets

Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.

Published

2 days ago

February 18, 2026

Harvey Vargas

Australian dollar surges 5% to $0.70, impacting importers, exporters, and big miners amid rising interest rates.

The Australian dollar has jumped more than 5 percent against the U.S. dollar this year, now trading around $0.70. This rapid rise has sparked mixed reactions for importers and exporters as Australia’s materials sector shows signs of bouncing back, despite concerns over rising interest rates.

Dale Gilham from Wealth Within breaks down the factors behind the AUD surge, the implications for commodities, and what it means for big miners like BHP. From profits to strategy, we explore how the market is reacting to this currency shift.

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Money

S&P 500 rises as financial stocks lead and tech slips

S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!

Published

2 days ago

February 18, 2026

Harvey Vargas

S&P 500 rises 0.4% thanks to financial stocks; software struggles amidst AI concerns. Subscribe for updates!

The S&P 500 climbed 0.4% on Tuesday, boosted by strong gains in financial stocks. Citigroup and JPMorgan led the rally, showing investors are rotating money into the sector as tech stocks faltered.

Meanwhile, software shares struggled, with ServiceNow, Autodesk, and Palo Alto Networks all seeing notable declines. Concerns around AI disruption continue to affect the software and financial sectors alike.

Market watchers are now turning their attention to upcoming inflation reports later this week, looking for signals that could shape the next moves in the market.

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Money

Australia’s GST debate heats up amid tax reform push

Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.

Published

2 days ago

February 17, 2026

Harvey Vargas

Australia debates GST expansion amid aging population pressures and personal income tax concerns; expert insights from Dr. Steven Enticott.

Australia is facing a fierce debate over tax reform, with fresh calls to broaden the Goods and Services Tax as the government searches for more stable revenue streams. With an ageing population putting pressure on health, pensions and long-term spending, economists argue the current reliance on personal income tax may not be sustainable.

Dr Steven Enticott from CIA Tax joins Ticker to break down the real impact of expanding the GST, including how it could affect lower-income households, whether taxing unrealised gains would change investor behaviour, and what compensation mechanisms could soften the blow on essential goods. The political risks are high, but so are the fiscal stakes.

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