Agriculture
Farm Household Allowance Changes
Guest post by: Patrick White There have been several significant changes to the farming Centrelink support payment, Farm Household Allowance, which, considering the current seasonal conditions, is important to be aware of to ensure that farmers can potentially receive full advantage of the payment that is available. Firstly, in July 2018 a farmer’s ability to receive […] Read More
Farm Management Deposit interest offsets
The Australian Taxation office as off 1st July 2016 introduced the ability to use Farm Management Deposits (FMD’s) as an interest offset against farm loans. The biggest benefit of such as scheme is seen where the interest rates on the FMD is less that the rate of interest being charged by the bank. In such […] Read More
Multi-Peril Insurance
Variability of season is an unfortunate factor that farmers are faced with. Fortunately over the last few years there has been a tool introduced to the Australian market to lessen the loss occurring due to seasonal variability – Multi-Peril Insurance. In general terms Multi-Peril Insurance (MPI) is an insurance policy taken out to mitigate risk […] Read More
Recent changes at Rural Bank and Rural Finance
Last week we had Greg Kuchel and Luke Riley from Rural Bank come in to the office to have a chat with us about the changes that have occurred over the past few years which now see Rural Bank and Rural Finance now owned 100% by Bendigo and Adelaide Bank. Along with this they also […] Read More
Drought Concessional Loans Scheme
On 23 October 2015 Applications opened for drought affected Victorian farmers to access the Drought Concessional Loans Scheme. The Drought Concessional Loans Scheme is part of an Australian Government drought assistance package to support farm business experiencing significant financial impact as a result of drought. Drought Concessional Loans are designed to help farm businesses in […] Read More
Selling or Leasing the Farm Seminar
Just home from the seminar we presented tonight at GTP- entitled “Selling or leasing the Farm?” This was to highlight the many issues that one faces when considering the sale or leasing out of the farm- and how we cannot overemphasise the importance of seeing us first so that many matters can be planned for […] Read More
You could lose your Plant or Equipment if it is on another Business’s property!!!
Did you know if you plant or equipment is on another business’s property and they go into receivership you could lose it!?!? If your plant or equipment is on the premises of another business that goes into receivership and you have not registered your interest using the Government’s Personal Property Security Register (PPSR) then it […] Read More