Wool growers have voted to reduce the levy they pay to Australian Wool Innovation to 1.5 percent.

For the first time, Wool Poll had to go to preferences with neither 1.5 or 2 percent reaching the required 50 percent.

After three rounds of preferences of the more than 13,000 votes, the 1.5 option received 52.8 percent of the vote.

To find out what it means for AWI, rural reporter Eddie Summerfield spoke with Chief Executive Stuart McCullough:

Wool growers have voted to reduce the levy they pay to Australian Wool Innovation to 1.5 percent.
For the first time, Wool Poll had to go to preferences with neither 1.5 or 2 percent reaching the required 50 percent.
After three rounds of preferences of the more than 13,000 votes, the 1.5 option received 52.8 percent of the vote.
To find out what it means for AWI, rural reporter Eddie Summerfield spoke with Chief Executive Stuart McCullough:

The Rural News

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia’s largest media business and international correspondents.

The Rural News is market leader, dealing exclusively with stories of interest to the farming sector and has the support of Australia&rsquo;s largest media business and international correspondents.

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