Agriculture, fisheries & forestryStatutory authority
Australian Wool Realisation Commission
1 July 1991 – December 1993
Statutory commission that held and sold down the wool stockpile left after the collapse of the reserve price scheme and serviced the debt incurred in building it.
How it came into existence
Established on 1 July 1991 in the restructure of the wool industry statutory bodies that followed the end of the reserve price scheme, taking over the wool stockpile and its debt from the Australian Wool Corporation.
- Wool stockpile
- Stockpile debt
How it ended
Replaced in December 1993 by Wool International, established under the Wool International Act 1993, which took over the stockpile and its debt.
- Wool stockpile
- Stockpile debt
Main functions
- Ownership and management of the wool stockpile
- Orderly sale of stockpiled wool
- Servicing and repayment of stockpile debt
Where it sits
Last in the portfolio of Department of Primary Industries and Energy.
Lineage
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Sources
Some dates or links for this organisation are not fully confirmed. Corrections are welcome.