Yes, it's sparkling from Australia, and it's red. I picked this up at Kroger for $10. After a wickedly hot day, this cold bubbly red seemed appropriate. Not sweet, but containing a jammy flavor that can be typical of Australian Shiraz. Unlike a true champagne, the bubbles dissipate after about 10 minutes, but we are talking about a $10 bottle. And, a little warning, if you are driving, don't drink this stuff. The alcohol content is 14%. I served it (at home) with roasted red peppers, fresh basil, and fresh mozzarella on ciabatta bread. I brushed the ciabatta with olive oil, piled up the toppings (mozzarella on top), added some fresh ground black pepper, and popped it into a 450 degree oven for about 10 minutes.
I also think this sparkling would make a great base for Sangria.