The 8x5 Wool Profit Program is an integrated research, development and extension program to assist Tasmanian wool producers to achieve an eight per cent annual return on assets managed within five years through access to benchmarking, best practice information, group improvement initiatives.
The 8x5 Wool profit Program is a major new initiative in the Tasmanian wool industry jointly funded by Australian Wool Innovation Limited and the Tasmanian Institute of Agricultural Research.
| Program information | Details |
|---|---|
| Locations |
Mt Pleasant Laboratories Westbury Road Launceston, Tasmania |
| Number of groups involved |
Approx 7 groups of woolgrowers based on regional location 3 producer groups associated with the 8x5 monitor farms 2-3 other producer groups assocaited around special interests |
| Benefits | The primary objective of the 8x5 program is to improve the profitability of Tasmanian woolgrowing businesses |
| Partners / sponsors |
Tasmanian Institute of Agricultural Research University of Tasmania Department of Primary Industries, Water and Environment Several other commercial entities are involved in several of the 8x5 sub-projects. - Roberts Limited - TQW Trading |
| Management |
The program is led by the Program Manager, Andrew Johnston. There are a program management committee made up of a majority of 5 woolgrowers and representatives of the UTAS and DPIWE. The role of this committee is to oversee the program. The program management committee meets quarterly and part takes in the 6 monthly reviews conducted by AWI. There is also an implementation committee, formed from key representatives of TIAR, UTAS and DPIWE. The 8x5 Wool Profit Program is made up of several sub-projects. Each of these is lead by a team leader. |
| Publications |
8x5 Quarterly Newsletter - posted to over 1000 Tasmanian wool growers and wool industry participants 8x5 Monthly Newsletter - e-mailed to over 480 Tasmanian Wool producers and wool industry stakeholders A range of technical reports delivered from the associated sub-projects are also available on the 8x5 web-site. |
| Website | http://www.8x5.com.au/ |
Australian Wool Innovation is a not-for-profit company owned by over 29,000 Australian woolgrowers.
AWI invests in research, development, innovation and marketing along the global supply chain for Australian wool.
fibre to fashion . woolgrowers to retailers
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