40 wines $40 and under

Below you'll find 40 wines $40 or under. Starting at $26 and ranging through to $40, each wine has been scored between 93 and 96 points by the Tasting Team.

If it's riesling you're after, we've got selections from Pewsey Vale, Harewood Estate and Poonawatta. For the pinot gris fans, try Ocean Eight's 2023 Pinot Gris, Rouleur's 2023 Pinot Gris et al, and Shy Susan Wines' 2023 Alpine Valleys Pinot Gris. Then there's chardonnay – try the 2023 vintages from Margan Wines, Mac Forbes, Utzinger, Coldstream Hills and Stoney Rise.

If you're a red wine drinker year-round, then you'll love Altera Terra's Corda Pinot Noir Shiraz. If it's shiraz/syrah you prefer, then there's expressions from Victoria, Queensland and South Australia – try Warramate's 2022 Syrah, Heathvale's 2021 Barossa Shiraz, Brave Goose Vineyard's 2022 Reserve Shiraz, Kennedy's 2022 Henrietta Shiraz, Just Red Wines' 2022 Nikki's Vineyard Syrah, and Worlds Apart's 2023 Into The Black Syrah.

Each review is new to Wine Companion – from sparkling and rosé to white, red and fortified. Find your favourite below.

Image credit: Fraser Gallop Estate.