Australian wool is 'back in vogue' as the sector experiences a resurgence (opens original article in a new tab)

Australian wool prices have risen significantly, with the industry experiencing a resurgence as young professionals and increased demand for natural fibers drive growth.

• Australian wool prices reached $19.89 per kg, up $7 from the same time last year.
• Young professionals are entering the wool industry, bringing enthusiasm and new ideas.
• Demand for natural fibers is increasing, driven by concerns about microplastics and fashion trends.