Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Launch of Wool Levy Farmer Consultation

Launch of Wool Levy Farmer Consultation

The Wool Levy Referendum Wool Grower Consultation was officially launched at Federated Farmers Meat & Fibre AGM today, in an effort to add value to the industry.

“Wool should be our first choice, it is the fibre of the future and this referendum’s is the industry’s chance to make a difference to its future,” says Sandra Faulkner, Federated Farmers Meat & Fibre Executive and Wool Levy Group Chairperson.

“Sheep is not a one dimensional animal, it is dual purpose but the value of wool is not recognised here or overseas, and as a result we are underselling ourselves in the market. New Zealand is the world’s third largest wool producer supplying 45 percent of the world’s carpet wool. With 30 industry bodies in New Zealand, wool is the only primary sector that isn’t represented.

“Our industry is worth $700 million, and we need a collective voice to educate, innovate and invest in our industry’s future. This conversation isn’t new; we’ve been discussing the need for a Wool Levy since 2009, when it was voted down. But now we are bringing that conversation forward and putting it on the table, with crunch time being this October.

“With 154,000 tonne of wool produced in New Zealand each year, we are looking at a potential $4.6 million, based on 3c/kg levy. This is of course if the 17,000 sheep farmers eligible to vote all agree. What I might add is that with this comes further potential investment from the Government, but we need to put our money where our mouth is before that happens.

“Our industry is in a different place today, what we need is activities based around communication, education and innovation, and this levy is about providing that.

“Voting is the expression of commitment to ourselves and our industry, no matter which box you tick, farmers need to ensure they are informed this October, and use their right to vote,” concluded Mrs Faulkner.


© Scoop Media

Business Headlines | Sci-Tech Headlines


Banks: Westpac Keeps Core Government Transactions Contract

The local arm of Westpac Banking Corp has kept its contract with the New Zealand government to provide core transactions, but will have to share peripheral services with its rivals. More>>


Science Investment Plan: Universities Welcome Statement

Universities New Zealand has welcomed the National Statement of Science Investment released by the Government today... this is a critical document as it sets out the Government’s ten-year strategic direction that will guide future investment in New Zealand’s science system. More>>


Scouring: Cavalier Merger Would Extract 'Monopoly Rents' - Godfrey Hirst

A merger of Cavalier Wool Holdings and New Zealand Wool Services International's two wool scouring operations would create a monopoly, says carpet maker Godfrey Hirst. The Commerce Commission on Friday released its second draft determination on the merger, maintaining its view that the public benefits would outweigh the loss of competition. More>>


Scoop Review Of Books: She Means Business

As Foreman says in her conclusion, this is a business book. It opens with a brief biographical section followed by a collection of interesting tips for entrepreneurs... More>>


Hourly Wage Gap Grows: Gender Pay Gap Still Fixed At Fourteen Percent

“The totally unchanged pay gap is a slap in the face for women, families and the economy,” says Coalition spokesperson, Angela McLeod. Even worse, Māori and Pacific women face an outrageous pay gap of 28% and 33% when compared with the pay packets of Pākehā men. More>>


Housing: English On Housing Affordability And The Economy

"Long lead times in the planning process tend to drive prices higher in the upswing of the housing cycle. And those lead times increase the risk that eight years later, when additional supply arrives, the demand shock that spurred the additional supply has reversed. The resulting excess supply could produce a price crash..." More>>


Get More From Scoop

Search Scoop  
Powered by Vodafone
NZ independent news