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Wednesday, 10 November 1971
Page: 3223


Mr O'KEEFE (PATERSON, NEW SOUTH WALES) - I ask the Acting Minister for Primary Industry whether his attention has been drawn to statements claiming that the Australian Wool Commission is failing to inform people of types of wool that are rising sharply in value and is acting in secrecy in relation to prices for parts of the clip. Has the Minister also seen claims made that these low grade wools have risen sharply in price since the Australian Wool Commission withdrew its reserve price support? Can the Minister clarify this situation and inform the House as to the exact position?


Mr NIXON (GIPPSLAND, VICTORIA) (Minister for Shipping and Transport) - I have seen Press reports alleging that because the Australian Wool Commission has withdrawn its support for carding wools the price of carding wools has risen. The report also suggests that the Australian Wool Commission has been keeping that information from the wool industry. Insofar as the first part of the honourable member's question relating to the allegation about carding wools is concerned, the situation is that at the commencement of the season the Australian Wool Commission withdrew support from carding wools and there was quite a substantial drop in the price for that quality wool. In the last few weeks there have been improvements in the price of carding wools. But to say that the Australian Wool Commission has kept this information secret is absolue nonsense. The Australian Wool Commission publishes a weekly report. If anybody likes to have a look at the report of 5th November he will see that the Australian Wool Commission reported that the price of carding wools was up by 4c in that week and was up about 3c and 2c respectively during the 2 weeks before. So the story is a lot of stuff and nonsense.







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