The New Zealand Wool Board was established in 1944 under the Wool Industry Act.
[Julian Roche, p180, ''The International Wool Trade'', Woodhead Publishing, Cambridge, England, 1995 ] 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.
Objective
Its key objective was 'to obtain, in the interests of growers, the best possible returns for New Zealand Wool'.
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Funding
It was funded by a levy on the proceeds of growers' wool sales.[
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See also
* International Wool Secretariat
The International Wool Secretariat (IWS) was formed in 1937 to promote the sale of wool on behalf of woolgrowers and review research carried out by independent bodies such as the Wool Industries' Research Association at Torridon, Headingley Lane, L ...
:* Australian Wool Board
The Australian Wool Board was an Australian Government statutory board that existed in its first phase between May 1936 and January 1945; in its second phase between June 1945 and June 1953; and in its third and final phase, between May 1963 and ...
:* South African Wool Board
The South African Wool Board was constituted in 1946 as an independent and non-profit making statutory board under the Wool Act (Act No 19 of 1946) in response to the rapid rise synthetic replacements for natural wool fibre. It was wound up in 199 ...
* British Wool Marketing Board
The British Wool Marketing Board (also now known as British Wool) operates the central marketing system for UK fleece wool. A farmer-run organisation, British Wool was established in 1950 with the aim of achieving the best possible net return f ...
References
External links
{{Economy of New Zealand
Marketing boards
Wool organizations
Wool Board