WoolPoll vot­ers re­turn a levy of 1.5 per cent

Warwick Daily News - South West Queensland Rural Weekly - - Top 5 Topics -

WOOL grow­ers have voted for a 1.5 per cent levy in WoolPoll.

For the first time, the levy that grow­ers pay to Aus­tralian Wool In­no­va­tion for re­search and mar­ket­ing will be be­low 2 per cent.

The re­sult was de­ter­mined by a count of pref­er­ences that was over­seen by Link Mar­ket Ser­vices and en­dorsed by the WoolPoll Panel and De­part­ment of Agri­cul­ture and Wa­ter Re­sources.

Of the 13,506 votes re­ceived, fol­low­ing the al­lo­ca­tion of three rounds of pref­er­ences, 52.82 per cent voted in favour of a 1.5 per cent wool levy.

AWI chief ex­ec­u­tive Stu­art McCul­lough said that on first pref­er­ences, 88.28 per cent of wool grow­ers had voted for a levy op­tion of ei­ther 1.5 or 2 per cent. He said the com­pany would en­deav­our to en­sure no loss of mo­men­tum in the mar­ket­ing of wool in Aus­tralia and over­seas.

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