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Tuesday, 27 November 1973
Page: 2112

Senator DRAKE-BROCKMAN - Would the Minister for Primary Industry say that the proportion of wool sold by private treaty in Australia is increasing sharply? Is this not reflected in the growing number of leading agencies which are being forced into private selling to meet competition? Does this trend affect orderly marketing through the auction system, even to the point at which a complete breakdown of the system is possible? Does this situation not emphasise very strongly the need for wool marketing reform which has been promised by the Government?

Senator WRIEDT -Whether the selling of wool by private treaty is increasing sharply is a matter of" conjecture. The only figures which I have available show that across the whole of the Commonwealth 1 5 per cent to 20 per cent of the clip is sold by private treaty. I understand that in Senator Drake-Brockman's home State, where the bulk of private treaty selling is done, the amount sold by private treaty is as high as onethird of the clip. It is true that there is an increase in the proportion sold by private treaty. This tends to create an alternative system to the auction system. Whether this is breaking down the orderly marketing of wool, as the honourable senator described it, is a question which could be argued. Whether the auction system could be described as orderly is a question which could be debated. However, this is all part of the matters to which the Government will be giving consideration when the wool marketing report is made available to it.

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