Growers vote to reduce AWI levy to 1.5 per cent
AUSTRALIAN Wool Innovation has “heard the message” of wool growers, according to chief executive Stuart McCullough.
Mr McCullough was speaking after wool growers voted to reduce the levy they pay AWI for research and marketing to 1.5 per cent for the first time.
“We realise we need to be a bit more prudent, efficient, lean and transparent and we will do our best to keep all the programs running,” he said.
The WoolPoll result was determined by a count of preferences 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. Before preferences were allocated
44.77 per cent of voters had selected 1.5 per cent as their preferred option, while
43.51 per cent had selected
2 per cent.
Mr McCullough said they put the decision of growers to vote for the reduced levy down to a few things, including “our reserves are quite decent, the drought and tough times and the proximity of the 1.5 and
2 per cent levy”.
“We know we have to consult with wool growers a bit better … we’ve already had an industry meeting and we will work hard and make sure we communicate to their satisfaction, we will listen a bit better as well.”