Home / Knowledge / News / Textiles / Remaining wool levies go to wool-specific projects
Remaining wool levies go to wool-specific projects
24
Nov '10
Farmer feedback has generally supported Beef + Lamb New Zealand's recommendations regarding use of remaining wool levy funds.

B+LNZ Chief Operating Officer, Cros Spooner said the board had sought input from farmers on how to use the remaining $2.8 million of wool levies and a range of respondents had supported the proposal that will see the money split three ways:-

• Funding for four years for B+LNZ information and analysis; market access; and farm related activities that support the wool sector ($450,000 per annum and $1.8 million over four years)
• Funding for two years for Shearing Sports events and Wool Classers Association for classer training ($65,000 per annum, $130,000 over two years) and
• Using the remaining $870,000 plus interest to establish a fund where applications can be made for wool specific projects that are co-funded and are able to demonstrate benefit for farmers
• Mr Spooner said 21 farmers made a submission and most gave either full support or qualified support for the recommended use. The Wool Group had also been consulted on this proposal.

“There were a few farmers who would have liked to see the money returned to farmers, but having taken a legal opinion on that, it just wasn't possible to take that course of action.

“The Board (B+LNZ) has taken the view that this money should be used for activities consistent with the 2003 Wool Levy mandate providing for information transfer, and so it will be used to continue to fund wool information and analysis out of the B+LNZ Economic Service.”

B+LNZ will also continue to represent New Zealand wool interests through market access activity and ensure wool is safeguarded in FTA discussions.

Mr Spooner said there were a number of on-farm activities like the use of the specific wool indices for genetic improvement through Sheep Improvement Ltd (SIL) and the inclusion of wool in initiatives like monitor and demonstrations farms that would be funded.

An industry-good approach has been made by Shearing Sports and Wool Classers and those activities will be funded for the next two years. This funding will focus on maintaining the supply of quality shearers and wool handlers through shearer and wool handler training, and support of the wool classer registration programme.

“There will also be a contestable fund where applications can be made for wool-specific project funding. The final details are now being completed for the application process. These details are expected to be available by 26 November 2010. Applications will have a closing date of 28 February 2011.”

Beef + Lamb New Zealand Ltd is the farmer owned industry organisation representing New Zealand's sheep and beef farmers.

Beef + Lamb New Zealand


Must ReadView All

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Apparel/Garments | On 18th Nov 2017

Sri Lanka’s apparel exports rise after EU GSP+ reinstatement

Sri Lanka’s apparel exports from January to September 2017 has...

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Apparel/Garments | On 18th Nov 2017

Bangladesh plans 2 leather estates in Rajshahi, Chittagong

Bangladesh Prime Minister Sheikh Hasina has said two more leather...

ASEAN, Hong Kong sign free trade agreement

Textiles | On 18th Nov 2017

ASEAN, Hong Kong sign free trade agreement

The Association of Southeast Asian Nations (ASEAN) and Hong Kong...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Yash Maniyar
Rekha Maniyar

Indian fashion market is growing at a staggering rate

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

November 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.5%
No
12.4%
Skip
19.1%

Total Votes: 89

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.8%
No
30.3%
Skip
7.9%

Total Votes: 89

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
86.5%
No
10.1%
Skip
3.4%

Total Votes: 89

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
80.9%
No
9.0%
Skip
10.1%

Total Votes: 89


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search