MEDIA RELEASE

WoolProducers Australia welcomes independent review of Australian Wool Innovation

The announcement of an independent review into Australian Wool Innovation (AWI), has been welcomed by peak industry body WoolProducers Australia.

The review appears to be an enhanced part of normal statutory reporting requirements for AWI, aligning with AWI’s business cycle.

WoolProducers CEO, Jo Hall said ‘WoolProducers have previously called for more independence in AWI’s Review of Performance process, so we welcome this announcement.’

Following last year’s AWI Annual General Meeting, WoolProducers stated that we expected the AWI Board to improve their governance practices which had been demonstrated to be lacking in recent times.

This review, announced by Minister Littleproud, will enable stakeholders to have input into the operations of AWI.

‘WoolProducers has been calling for more accountability and transparency to woolgrowers from the industry’s research, development and market body.’

‘As the representative of the single largest body of woolgrowers in the country, we will certainly be taking the opportunity have input into this process.’

WoolProducers also believes that the AWI Board must improve consultation, communication and collaboration with industry.

‘We look forward to seeing the Terms of Reference for this review and being involved in the process.’ Ms Hall said.

ENDS

WoolProducers Australia contact:

Jo Hall

Chief Executive Officer

0488 554 811

About WoolProducers’ Australia

WPA plays a critical role in working closely with companies and entities funded by woolgrower funds including compulsory levies or fees for service.

Its mission is to develop constructive and profitable outcomes for woolgrowers nationally.

The agency is responsible for appointing a director to each of the Australian Wool Exchange and the Australia Wool Testing Authority, promoting good corporate governance and ensuring that the interests of growers are met.

WPA maintains a working relationship with Australian Wool Innovation as the voice of woolgrower shareholders.  It aims to contribute to AWI’s programs for the benefit of growers, promoting responsible use of levy funds and ensuring good corporate governance.

WPA is the sole wool industry member of Animal Health Australia, and as such, carries a significant responsibility for decision making on behalf of the industry in the event of an emergency animal disease outbreak.

As the only wool grower organisation with membership of the National Farmers’ Federation, WoolProducers is responsible for providing key policy advice on behalf of our members, and other wool growers, to Australia’s peak farm body.

WoolProducers also works closely with the Federal Department of Agriculture and Water Resources on key issues such as animal health and welfare, biosecurity, pest management control, natural resource management, drought preparedness, emergency animal disease outbreak preparedness and industry development, including research and trade.