AUSTRALIA: Wool Centre Axed
The future of the $30m International Fibre Centre for the wool industry is in jeopardy, the Herald and Weekly Times reported today.The State Government has called for Federal funding and industry assistance by the end of this month or the centre could be closed. But Federal Government and wool industry sources have said that no funding would be made available.The centre, which was to have provided on-site training on processing wool from the sheep's back to the finished garment, has been plagued by cost over-runs and processing equipment installation problems.When the fibre centre was launched it failed to win funding from the Federal Government, Woolmark, or the industry, so it went alone with a $25m capital investment and a 10-year operational commitment of $2.5m a year.Victoria's Training Minister Lynne Kosky said the State Government would not continue to shoulder the cost of running a centre that benefited the national industry.International Fibre Centre chairman Peter Loney was reluctant to confirm the closure until it had been ratified by the Federal Industry and Science Minister, Nick Minchin.But the centre's acting chief executive, David Nicholson leaves this week and eight remaining staff are also set to leave.
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-style gives you the widest apparel and textile market coverage.
It’s our best ever membership offer – just for you.
Leonie Barrie, editor of just-style
Help test our new apparel sourcing tool.
- Unlocks for the future fashion sourcing landscape
- EU eyes mandatory due diligence for apparel supply
- Geo-political uncertainty and how to survive it
- What TTIP might mean for US, EU textiles & apparel
- Where next for Corporate Human Rights Benchmark?
- Li & Fung forms supply chain partnership with PVH
- US Q4 in brief – Finish Line, Oxford Industries
- Sears has "substantial doubt" of future
- World Bank commits $57bn to sub-Saharan Africa
- Target unveils "ambitious" store re-design plans
- Central and East Europe Report Package
- Central America strategic sourcing review - a focus on Guatemala, El Salvador and Honduras
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective