Australian wool industry faces funding deadlock for domestic processing and market diversification.

The Australian wool industry is facing a funding deadlock that hampers domestic processing and market diversification efforts, as reported by WoolProducers Australia. Despite recommendations for a three-year wool trade policy program, the federal government has not provided necessary funding. The organization will continue lobbying for support while the Queensland Liberal National Party has allocated $900,000 for a woolscouring plant feasibility study.

October 21, 2024
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