Sup­port for 1.5% levy

Southern Riverina news - - RURAL OUTLOOK -

Wool­grow­ers have voted for a 1.5 per cent levy rate on their gross wool sale pro­ceeds to fund re­search and mar­ket­ing ser­vices to the Aus­tralian wool in­dus­try.

Fed­eral Min­is­ter for Agri­cul­ture David Lit­tleproud said this was the out­come of an in­de­pen­dent process, WoolPoll 2018, where grow­ers de­cided how much fund­ing Aus­tralian Wool Innovation (AWI) would re­ceive for the next three years.

‘‘I re­spect and sup­port wool­grow­ers’ demo­cratic right to choose the levy rate they wish to de­vote to re­search and mar­ket­ing,’’ Mr Lit­tleproud said.

‘‘WoolPoll 2018 was grow­ers’ op­por­tu­nity to choose how much fund­ing AWI will re­ceive for the next three years.

‘‘It is now up to AWI to work with their al­lo­cated bud­get and de­liver the best pos­si­ble re­search and mar­ket­ing ser­vices to take the Aus­tralian wool in­dus­try for­ward.

‘‘Link Mar­ket Ser­vices con­ducted WoolPoll 2018 com­pletely in­de­pen­dent of govern­ment, and un­der­took its own due dili­gence and ver­i­fi­ca­tion.

‘‘The WoolPoll Panel is sat­is­fied with the process.

‘‘I am yet to re­ceive AWI’s for­mal sub­mis­sion, but ex­pect to change the reg­u­la­tions to en­able the 1.5 per cent levy rate to take ef­fect from July 1, 2019.’’

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