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The New Zealand Wool Board was established in 1944 under the Wool Industry Act.[1] McKinsey & Company published a report in 2000 that sparked two years of debate for referendums and reforms to the New Zealand Wool Board. In 2001, McKinsey's recommendations were implemented and Wool Board was dissolved and was completely restructured.[2][3]

Objective

Its key objective was 'to obtain, in the interests of growers, the best possible returns for New Zealand Wool'.[1]

Funding

It was funded by a levy on the proceeds of growers' wool sales.[1]

See also

References

  1. ^ a b c Julian Roche, p180, The International Wool Trade, Woodhead Publishing, Cambridge, England, 1995 ISBN 1 85573 191 6
  2. ^ CircleSoft. "Wool: a History of the New Zealand Wool Industry". McLeods Booksellers. Retrieved 7 April 2019.
  3. ^ www.woolboard.co.nz, KEVIN TAYLOR (20 October 2002). "Wool board on last step to extinction". ISSN 1170-0777. Retrieved 7 April 2019.

External links

Economy of New Zealand
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