There is no doubting wheat's centrality as a commodity. Of all the basic foodstuffs, this versatile grain is a vital cog in the international trading mechanism, arousing passion and ambition in equal measure. The 60-year history of the Australian Wheat Board and its subsequent privatised incarnation is a fascinating-and much misunderstood-story that involves decision-makers at the highest level and commercial interests at their most competitive and rapacious. The board held a monopoly on Australian wheat exports for decades, seamlessly shifting into the private sector in 1995. Motivated by the misunderstandings surrounding this privatisation and the revelations that followed it in the mid-2000s, this volume sets the record straight with a comprehensive analysis of the genesis and development of an institution with its origins in mutuality that foundered in the perilous waters of cut-throat international trade. The author's role as a strategic advisor in the privatisation ensures a uniquely informed perspective on a story that provides an object lesson in institutional management to governments around the world.
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