AWI forecasts $25M dip into reserves following record low revenue

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By Victoria Nugent
November 20 2021 - 8:00pm
Australian Wool Innovation expects to dip significantly into its reserves in the next financial year, after recording its lowest ever annual revenue.

Australian Wool Innovation predicts it will need to take $25 million from its reserves next year, after annual revenue fell to its lowest level ever.

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Victoria Nugent

National sheep and wool writer

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