HAC chairman Stuart Swaddling has quashed industry rumours the HAC was about to fold due to financial difficulties.

When asked about the rumour, Mr Swaddling laughed at the suggestion.

He told FarmOnline that while the organisation may have reduced the number of hours of its CEO and finances were always being stretched, HAC was not about to fold.

He said in May, members would be asked to comment on a restructure of the organisation.

In early September last year, HAC revealed it was struggling financially when some members failed to pay annual fees, but later said it had found a way forward.

HAC claims to represent more than 98 per cent of the Australian horticulture industry.

It is the peak national umbrella organisation representing the horticulture sector and currently has 19 members (national peak industry bodies for the various horticultural commodities, and state grower associations).

HAC was formed in June 2000 as a not-for-profit association.