EY (Ernst and Young) has been selected by the Department of Agriculture and Water Resources to undertake the independent review of Australian Wool Innovation's (AWI) performance and governance.
Minister for Agriculture and Water Resources, David Littleproud, has welcomed the announcement as the next step forward in this important process.
"The review will look at AWI's delivery of its core objectives, such as research, development, extension and marketing services to woolgrowers, as well as additional matters of public interest. I anticipate EY to shortly call for written submissions and meet with a range of interested stakeholders, including woolgrower representative organisations."
"The process will also enable all parties, including the 42,000 wool levy payers, to consider the findings before they vote in the industry's WoolPoll," the Minister said.
WoolPoll provides woolgrowers with an opportunity to set the rate of wool levy and the strategic direction of the industry for the next three-year period.
The terms of reference for the AWI review of performance and governance can be found at the Agriculture Department website.
(From Australian Government media release - 21 March 2018)