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Tuesday, 9 May 1972
Page: 2194


Mr CORBETT (MARANOA, QUEENSLAND) - My question is addressed to the Minister for Primary Industry. In view of the recent announcement by the Prime Minister, following the Government's consideration of the Australian Wool Industry Conference report, will the Minister advise what action is now intended to be taken on the industrybacked marketing changes recommended by the AWIC? Will the Minister also advise what is the position in regard to small bale lots now handled by the price averaging plan?


Mr SINCLAIR (NEW ENGLAND, NEW SOUTH WALES) (Minister for Primary Industry) - The Australian Wool Industry Conference did submit fairly wide ranging proposals to the Government. These embodied quite significant changes in the present marketing system, some of which related to the handling of small bale lots and some to the handling and marketing of the whole clip. Those with respect to the small bale lots involved some technical problems in terms of the introduction of a new mechanism which is termed LBF or lot building plan and at this stage these have not been completely resolved. For that reason the Government has decided that the price averaging plan pool will continue to operate at least for the next pool period from 1st July to 31st December 1972. No decision has been taken on the balance of the AWIC recommendations but on receipt of the report from the committee constituted under the chairmanship of Sir Richard Randall, which is expected within about a fortnight, the Government will again consider the matter and when a decision is taken an announcement will be made.







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