Australian Wool Innovation digs into its reserves

Joely Mitchell
By Joely Mitchell
Updated October 12 2020 - 11:48pm, first published 11:45pm
AWI chair Colette Garnsey says continued drawing down on reserves is unsustainable for the company in the long term.

The income Australian Wool Innovation received from wool levies last financial year was the third-lowest in the company's 20-year history, so was the decision to reduce the levy wool growers paid from 2 per cent to 1.5pc last year a bad call?

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Joely Mitchell

Joely Mitchell

National sheep and wool writer and rural property writer

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