WoolPoll voters return a levy of 1.5 per cent
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.