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

Textiles | On 24th Jun 2017

Applied DNA to tag cotton for 2017/18 US ginning season

Applied DNA, provider of DNA-based supply chain security,...

Apparel/Garments | On 24th Jun 2017

NPD Group launches Trend Tracker for apparel trends

Global information company the NPD Group has launched Trend Tracker,...

Textiles | On 24th Jun 2017

Cotton USA’s first innovation competition in UK ends

Cotton USA has announced the successful close to its first innovation ...

Interviews View All

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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