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The recent round of wool grower meetings have demonstrated that the Wool Board is still on the wrong tack, ACT Agriculture Spokesman Owen Jennings said today.

"The Wool Board should simply accept that growers do not want a risky, commercial venture forced on to them.

"Growers want their reserve funds returned to them so that they can decide for themselves whether they invest in any off-farm venture, no matter how attractive it might seem to Wool Board directors and bureaucrats.

"The continuing arrogance of the Wool Board is deeply offensive to growers. Growers were incensed at the Wool Board chairman and directors turning up to grower meetings with no details, no business plan, no figures and no projected returns. The typical disdain for the business acumen of growers and the high and mighty approach trying to force endless 'solutions' has gone on long enough.

"Pay out the reserves and let growers make the decision to invest if they want to. Don't use the statutory privilege to ram through another potential failure," Owen Jennings said.

Ends

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