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Woolgrowers have voted resoundingly to keep up a 1.5 per cent levy on wool gross sales to fund Australian Wool Innovation.
After the primary spherical of voting, 47 per cent of votes favoured 1.5 per cent, and after distribution, that determine rose to 69 per cent.
AWI had been urging woolgrowers to vote for a levy enhance to 2 per cent, whereas Wool Producers Australia supported the established order.
AWI chairman Jock Laurie mentioned the consequence meant there can be some areas the place the corporate would not be capable of make investments.
“If we needed to put money into all of the issues growers needed, then sure, two per cent was clearly the goal we have been aiming for; 1.5 per cent means there might be restrictions and that is simply the best way it’s,” he mentioned.
“If we need to make sure that we’re defending wool fibre abroad, then two per cent was going to permit us to take a position correctly in that.
Mr Laurie mentioned he wasn’t shocked by the consequence.
“We knew proper from the phrase go that … speaking about will increase was gong to be a really tough promote.”
The AWI annual normal assembly is on November 19, and Mr Laurie, who’s standing for re-election, mentioned funding selections can be as much as the brand new board.
“The brand new board should critically take a look at that after they get put into place subsequent week,” he mentioned.