By  on January 23, 2013

SYDNEY — Australian Wool Innovation has a record marketing war chest and no shortage of plans for spending it.

For the 2013-14 financial year, commencing July 1, AWI’s marketing budget will increase by 56 percent to 54 million Australian dollars, or $56.6 million at current exchange, the result of a vote by Australian wool growers in late 2012 to devote more funds to marketing over the next three years.

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