WoolProducers are excited to announce that work has commenced to assess opportunities for domestic and diversified wool processing under the Australian Trade and Market Access Cooperation (ATMAC) program.
WoolProducers CEO, Ms Jo Hall said, “The time is right for us to look at such opportunities, changing trade patterns, the risk of emergency animal diseases, Australia’s desire to increase its domestic manufacturing capacity, and supply chain expectations on sustainability and transparency are key considerations that will guide the work of the feasibility study.”
Following a comprehensive tender process WoolProducers are pleased to announce that Deloitte Access Economics have been engaged to assist with the wide-ranging feasibility study. Deloitte brings a highly experienced team of economists and trade analysts to the project, supported by their strong global network and complemented by a team of industry subject matter experts.
Ms Hall said, “After an extremely competitive tender process we are pleased to engage Deloitte to undertake this work to guide the future of our industry and provide additional benefits to the wider Australian economy”.
The work of the project will be guided by a Steering Committee comprising of: Australian Wool Innovation, National Council of Wool Selling Brokers of Australia, Australian Council of Wool Exporters & Processors Inc, Australian Wool Testing Authority, Australian Wool Exchange and Austrade
Ms Hall said, “The Steering Committee, and its diverse composition are a core element of the project, providing direct industry linkages and expertise for the Deloitte team, which will also ensure that the final report will be of value to our entire industry”.
Industry consultations will take place over the course of the project, with a final report due to be delivered to the Department of Agriculture, Water and the Environment in September 2022.
“WoolProducers look forward to delivery of the final report to determine what steps can be taken to value add, and limit risks associated with our wool exports.”
“We would like to thank Minister Littleproud and the ATMAC program of the Department of Agriculture, Water and the Environment, for providing the funding for this important work.” Ms Hall said.
Detail on the elements of the feasibility study can be found here.
ENDS
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WoolProducers Australia contacts:
Jo Hall, CEO
0488 554 811
Ed Storey, President
0438 309 500
About WoolProducers’ Australia
WoolProducers 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.
WoolProducers 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.
WoolProducers 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 Government Departments 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, trade and logistics.
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