QUEENSLAND COUNTRY LIFE – by Annabelle Cleeland – “AUSTRALIA’S wool export industry has weighed-in on the Australia Wool Innovation saga, criticising the industry group for claiming responsibility for current wool prices.
Australian Council of Wool Exporters and Processors (ACWEP) president Matthew Hand has dubunked claims made by AWI chairman Wal Merriman’s, in a recent letter to shareholders aimed at influencing the board succession prior to the upcoming election.”
SPH WEBSITES – ASIA – by Jonathan Pearlman for The Straits Times In Sydney – “China has become the top source of visitor arrivals for Australia, a historic shift which has led to calls for more to be done to “welcome” this fresh wave of travellers…”
FARM WEEKLY – by Mal Gill – “James Morgan in the sheep yards on Outalpa station. He is seeking a second term on the Australian Wool Innovation (AWI) board and has been recommended to shareholders by a board nomination committee and personally endorsed by AWI chairman Wal Merriman.”
ABC – PM with Dominique Schwartz – “Wool growers have been left shocked to discover the extent of executive spending at its peak marketing and research body.
The ABC today revealed Australian Wool Innovation’s chief executive charged farmers and taxpayers an estimated $100,000 to attend a six week business course, which includes morning exercise and yoga.”
NORTH QUEENSLAND REGSITER – by Andrew Marshall – “AWN-StockCo finance deal
Independent wool marketer, Australian Wool Network (AWN), has teamed up with rural financier, StockCo, to offer customers strategic livestock funding options.
The distribution agreement will let AWN’s broking and selling services team provide short-term livestock funding to its producer base.”
AUSTRALIAN WOOL INNOVATION – Wool market review – week ending 3 November 2017 (Week 18)
STOCK & LAND – by Joely Mitchell – “VICTORIA is facing its coolest start to November in almost two decades, according to the Bureau of Meteorology (BoM). BoM extreme weather desk meteorologist Dean Narramore said the cold weather outbreak has hit the whole of south-east Australia.”
ABC NEWS – RURAL – by Brett Worthington – “The ABC can reveal the chief executive of the Australian wool industry’s peak body charged farmers and taxpayers an estimated $100,000 to attend a six-week business course in the United States which offered guest speakers, morning exercise and optional yoga.
Australian Wool Innovation (AWI) chief executive Stuart McCullough attended Stanford University’s executive program which promises to teach people “how to drive change, inspire innovation and instil excellence” across an organisation.”
ABC NEWS – RURAL – by Rural Reporters – “Australia’s wool industry is in a renaissance not seen since the golden era of the 1950s, with record prices set this week and a billion dollars in sales in the last four months.
Strong demand from China and short supplies of wool are behind the surge, with the price signal, the Eastern Market Indicator (EMI), reaching an all-time high of 1,623 cents per kilogram.”
RADIO NEW ZEALAND – “New Zealand outdoor clothing brand Icebreaker has been sold to an American retail giant.”