“The circus has come to town,” Queensland Nationals Senator Barry O'Sullivan chimed during a Senate Estimates hearing scrutinising Australian Wool Innovation (AWI) expenditure.
BUTCHERS have begun slashing lamb purchases as shop owners struggle to pass on unprecedented price rises.
The lamb supply shortage has failed to feed the unquenchable appetite of the country’s processors and producers, propelling recent prices by up to 18 per cent year-on-year.
Australian Wool Innovation (AWI) is on the back foot defending payments of up to $531,371 in termination and ex-gratia fees to retrenched staff.
THE spread between over-the-hooks (OTH) and saleyard prices for mutton and lamb continues to widen as processors set limits well below the physical market.
AGENTS and woolgrowers could save $11 million over five years through the relocation of Sydney’s Yennora wool sales to Goulburn, a new report, Towards a new wool selling future in NSW, has shown.