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Wool research and promotion



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H O U S E O F R E P R E S E N T A T I V E S

P A R L I A M E N T O F A U S T R A L I A COMMONWEALTH PARLIAMENT OFFICES

4 0 0 FU N D ER S STREET MELBOURNE. VICTORIA 3 0 0 0

TEL. 6 2 2 5 2 1

PRESS STATEMENT 6TH APRIL, 1973.

Mr. Malcolm Fraser, Member for Wannon, today warned ruralĀ·

industries generally of the implications of the Government’s

decisions concerning wool research and promotion.

Mr. Fraser said he was concerned that the Government will

not support decisions made by the previous Government.

He said that the levy on the woolgrower is to be increased by 70% and the Government's contribution will be cut by a

third. Instead of providing for a three-year commitment, . the Government's commitment is for one year only.

"While there might be people who can suggest that because of current wool prices the industry can afford this additional

charge, we ought to remember the rapidity with which wool prices change under certain circumstances. There has been a dramatic fall within the last two weeks only of over 200 cents a kilo", Mr. Fraser said. .

"Other rural industries depending upon Government support

for their research funds should take careful note of these

decisions."