NZ sheep farmers vote against reinstatement of wool levy

Mon, 13 Oct 2014

By Tina Morrison Oct. 14 (BusinessDesk) - New Zealand sheep farmers have rejected reinstating a wool levy to fund industry good activities, according to preliminary results. The Wool Producers Referendum, which closed on Oct. 10, showed 56.8 percent of wool growers voted against the introduction of a levy while 43.2 percent were in support, according to today's tally of preliminary results. The official results, including some voting envelopes still in transit, will be released at midday tomorrow although it is unlikely the outcome will c...

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