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AWI Business Cycle

AWI operates on a Triennial Business Cycle. The current (2016/17 - 2018/19) cycle started on 1 July 2016 with the implementation of the 2016/17 - 2018/19 Strategic Plan. The following outlines the activities and processes which underpin AWI's operations throughout the Triennial Business Cycle.

1. Three-year Strategic Plan

The Strategic Plan outlines AWI's strategic direction and targets for the strategic period (2016/17 - 2018/19). AWI will report against these targets through its extensive reporting mechanisms including: the biannual Woolgrower Forum; Woolgrower Industry Consultative Committee (ICC) meetings; the Annual Report; and, Beyond the Bale.

In drafting the Strategic Plan, AWI consulted widely with woolgrowers and their representatives to ensure industry views and priorities were incorporated into the final plan. The Stakeholder Consultation page provides further information on the consultation process undertaken to draft the current Strategic Plan.

Prior to WoolPoll, AWI must commission an independent Review of Performance to assess its performance against the Strategic Plan, relevant Annual Operating Plans, compliance with the Statutory Funding Agreement and general overview of operations.

The latest Strategic Plan (for 2016/17 - 2018/19) is available (PDF 4Mb)

2. Three-year Statutory Funding Agreement

Based on the outcomes of the three-year independent Review of Performance and WoolPoll, AWI negotiates a new funding contract - the Statutory Funding Agreement - with the Federal Government that governs AWI's expenditure and operations for the next three-year period.

3. Annual Operating Plan

Based on the three-year Strategic Plan, every year AWI develops an Annual Operating Plan which outlines the activities and investments to be made over the next year. AWI consults with industry to ensure their views are incorporated into the plan.

4. Three-year independent Review of Performance

Prior to WoolPoll, AWI must commission an independent Review of Performance to assess its performance against the Strategic Plan, relevant Annual Operating Plans, compliance with the Statutory Funding Agreement and general overview of operations.

5. WoolPoll

Woolgrowers vote at WoolPoll every three years on the amount of levy they will pay for the next three-year period for research, development and marketing activities, and the direction in which levies will be invested. Woolgrowers can consider the results of the independent Review of Performance when making their levy decision at WoolPoll.