Penfolds maker to sidestep China tariffs | Warren Buffett's spending spree | AFL club's $85M sale
What the Flux

Penfolds maker to sidestep China tariffs | Warren Buffett’s spending spree | AFL club’s $85M sale

2022-05-19
Treasury Wine Estates, the Aussie winemaker, is planning to side-step China’s expensive wine tariffs by making its famous Penfolds within China itself. Berkshire Hathaway, the US conglomerate headed up by investing legend Warren Buffett, is on a spending spree while everyone else is panicking. A massive Melbourne pub has been sold for $85 million - but interestingly, one of the biggest beneficiaries of the sale will be AFL club Hawthorn. --- Build the financial wellbeing of your t...
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