Understand how the new rules could affect you As we head towards the end of another challenging year, there is a significant change facing the agriculture sector. From 1 January 2025, many large Australian businesses and financial institutions will need to prepare annual sustainability reports. These reports will include mandatory climate-related financial disclosures, including carbon … Continue reading Carbon Reporting and Agribusiness Lending
Get agribusiness finance advice and support to help you weather tough times. Drought, frosts, financial instability, global conflict and cost-of-living pressures. It feels as if we’d only just recovered from the effects of the pandemic before Australian farmers and agribusiness were faced by a range of challenges – sometimes all at once. With experienced farmers … Continue reading Struggling to Stay Positive?
Tips on balancing family (or your own expectations) with business realities The long-term success of your agribusiness or farm requires you to make smart business and financial decisions every day. Even if you rely on your gut and what feels right, you need to ensure you can back this up with rational, informed data-driven choices. … Continue reading Decide With Your Head, Not Your Heart
When was the last time you reviewed the succession plan for your farm or agribusiness? Do you even have one? Even if it feels like your retirement is years away, you still need to think about what happens next. Most succession plans take a couple of years to work through. Having a solid succession plan … Continue reading Why Banks Get Nervous When Succession Plans are Strained
Should I buy the land I’m currently leasing? For many farmers, operating on leased land is par for the course. Sometimes, the lease might extend for decades. And for some, it might be a short-term solution. But what happens when the owner wants to sell – or you decide you’d rather lease than buy? Unfortunately, … Continue reading Should I buy the land I’m currently leasing?
As "the broker in your corner" I am a constant in your business not matter what restructures are happening within your bank. Just before the EOFY I received a phone call from a farmer wanting to increase their overdraft to manage some June 30 tax decisions. With their bank manager recently retired and no replacement … Continue reading Client Story – Who is my Bank Manager?
Learn how you can protect your farm or agribusiness In this blog, I’m sharing my thoughts about mitigating the financial risks in agriculture. Learn how you can protect your farm or agribusiness from these inevitable financial risks. Effective financial risk management is crucial to ensuring the stability and growth of agribusiness operations. Here, we expand … Continue reading Financial Risks in Agriculture
As we head towards the end of the financial year (EOFY), we’re being bombarded with ads tempting us to spend big on EOFY purchases. Some savvy marketers have even turned EOFY into a word (rather than saying each letter) and coming up with (annoyingly) catchy jingles. But not all EOFY purchases are created equal. Even … Continue reading The Good, the Bad and the Ugly of EOFY Spending
Why you need an agribusiness broker to support your business No matter what you do, you probably already know that when it comes to your business finance, it's more than just interest rates. There are relationships and succession planning, business structures, new products, and plans to expand and diversify. But did you know that as … Continue reading It’s More Than Just Better Interest Rates
Tips and tricks to streamline your farm office administration When you’re applying for finance, refinancing a loan or purchasing land, good farm record keeping could be the difference between a stressful experience and a smooth worry-free experience.Whether you’re going it alone or working with a broker, your financial institution wants more than just a completed … Continue reading Record Keeping for Your Agribusiness
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