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Monday, 27 June 1994
Page: 2009

Senator BROWNHILL (Deputy Leader of the National Party of Australia) —I give notice that, on the next day of sitting, I shall move:

  That the Senate—

  (a)notes that:

    (i)an Australian company has launched the first Australian-owned wool processing company at Parkes, New South Wales,

    (ii)the plant, which is fully computerised and utilises the latest technology, will produce the world's highest quality spinning yarn from the world's highest quality wool, wool grown in Australia,

    (iii)when fully operational, it will produce 6 tonnes of wool tops worth about $10 million, value adding the raw wool by about 75 per cent, which previously would have been lost to Australia through sending the greasy wool overseas for processing, and

    (iv)the plant, although only operating for 1 week, has forward orders that will keep it at maximum operating capacity for 2 years; and

  (b)congratulates those involved in this Australian company for realising the importance of value adding one of Australia's major commodities and by doing so helping to strengthen one of Australia's oldest rural exports.