Awex.com.au
Title
AWEX - Home
Description
In December 1993 the Australian Parliament passed legislation requiring the then statutory wool marketing authority - the Australian Wool Corporation - to divest itself of the responsibility of administering wool marketing arrangements in the Australian Wool Industry.
In response, commercial interests representing the wool buyers and sellers in Australia established the Australian Wool Exchange (AWEX) as a public company limited by guarantee to manage wool marketing arrangements in the Australian wool industry. The Australian Wool Exchange commenced operations in February 1994.
Today, the Australian wool industry, through AWEX, manages it's own affairs in a de-regulated marketing environment, free of Government intrusion. The successful management of industry self-regulation is based on the direction, membership and organisational structure of AWEX.
