Cut with care
OPINION: The new government has clearly signalled big cuts across the public service.
The Wool Summit had an air of collaboration and an understanding of the need to consolidate the industry, says Wools of New Zealand chairman Mark Shadbolt.
Wools of New Zealand plans to offer more shares to growers who have been supporting the Wool Market Development Commitment (WMDC).
The last year has been “one of the most challenging for the New Zealand strong wool industry”, according to Wools of NZ’s latest annual report.
Having 60% of the nation’s wool exports going to China and continuing to sell wool as a commodity has left us exposed, says Wools of NZ chairman Mark Shadbolt.
Wools of New Zealand (WNZ) has posted its first after-tax profit of $1.48 million for the year ending June 2016, but former chief executive Ross Townshend is keeping up the pressure.
Wools of New Zealand (WNZ) is using world-leading traceability technology from Oritain, Dunedin, to strengthen the credibility and integrity of its products and combat unethical behaviour.
OPINION: The new government has clearly signalled big cuts across the public service.
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