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Australian Wool Innovation defends its $369 million marketing budget against producer criticism, focusing on global promotion.
Australian Wool Innovation (AWI) defended its marketing budget against criticism from WoolProducers Australia, which argues the funds should focus more on production costs.
AWI Chairman Jock Laurie stated the budget is divided into defensive, awareness, and China-focused campaigns, refuting claims of spending over $500 million, correcting the figure to $369 million.
AWI highlights global economic factors and rising shearing costs as challenges, while the Australian Wool Growers Association supports AWI's marketing efforts to promote Merino wool globally.
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Australian Wool Innovation defiende su presupuesto de comercialización de $369 millones contra las críticas de los productores, centrándose en la promoción global.