VFF Livestock backs 1.5 per cent wool levy

THE Victorian Farmers Federation is backing the position of the national industry body WoolProducers Australia in advocating for a 1.5 per cent wool levy in this year’s WoolPoll.

With voting open, the VFF is recommending levy-payers select the 1.5 per cent option for the next three years.

VFF Livestock President Leonard Vallance said livestock members were of the view a wool levy of 1.5 per cent would provide sufficient funding for Australian Wool Innovation (AWI) to continue investing in ongoing research and development, as well as new areas of need for the industry.

“This is about the prudent and productive investment of wool producers’ money,” Mr Vallance said.

“We have come to the view that that a levy rate of 1.5 per cent is the best option, which will allow AWI to continue working to provide solutions to the industry, now and into the future.

“We strongly encourage all voting wool levy payers to select the 1.5 per centy option before voting closes on 2 November.”

WoolPoll is a triennial vote undertaken by eligible wool growers to determine the amount of their wool cheque that goes towards research, development and marketing which is administered by AWI.

Information about voting in WoolPoll 2018 is available at woolpoll.com.au.