I'm in agreement with Charlie, wool is your best bet. I also think Mike may be onto something with your arrows being underspined. I have both carbon and glass/foam limbs for my Morrison and I have noticed that the carbon limbs aren't necessarily louder, but they do sound a little different. Like Daniel said, a bad release with magnify the noise as well. I've yet to come across a bow I couldn't hush up with wool, the proper arrow, and he proper brace height.
In regards to to getting burrs and debris stuck in them....I can't speak to your local vegetation in Australia, but I have hunted some nasty country from blackberry thickets, to Florida swampland and never had burrs be a problem on my string silencers. My clothes....that's another matter.
Best of luck
Jake