In agriculture, crop reviews are second nature. After harvest, most operators will sit down and assess what worked, what didn’t, where yields surprised them, where input costs crept up, and what needs adjusting before the next season. It’s practical. It’s expected. It’s good management. But interestingly, while production is reviewed seasonally, the financial structure behind…
There may be times when you add up all of your debt or look at your credit card statement and worry about how to manage your debt position. After such a long period of being in a low interest rate environment, the recent interest rate increases announced by the Reserve Bank of Australia may have…
As most of our clients know, Dibbo uses the power of P2PAgri software to underpin the management and financial analyses behind our reports. Tune in to “Your Farm Business Podcast” to hear P2P’s developer, Mike Krause, as he interviews Dibbo around how this works in episode 6 – Farm business info: Easier & more powerful.…
Access to funding or drought support for amounts up to $2 million with a loan term of 10 years at 1.77% variable interest rate can be beneficial, if not critical, for farming business. However, many farmers are put off by the onerous application processes… but a little bit of help can make an enormous difference.…
There is no doubt that drought has affected us all, in one way or another – personally and financially.
For farming businesses, access to finance is an important aspect of recovering from drought and planning for long-term business sustainability. And while there are several drought support initiatives available for farming businesses and families, the application and approval processes can be onerous and time consuming.
Farmers are now faced with extraordinarily long lead times for securing finance, more formal annual review processes for renewals and additional scrutiny and documentation requirements. Without the finance you need, you could miss out on business opportunities. Find out what you can do to stay ahead of the game.
One thing that is certain for a farming business is that nothing is certain! When your income depends on factors out of your control, debt becomes a part of life that enables you to fund working capital or expand your business. But when it comes to securing agricultural finance, it’s not so straight forward and…
Running an agricultural business goes hand in hand with fluctuations in production inputs, income and cash flow, little control over market prices and the need to cover expenses in low income years. Many agricultural business owners feel like they are at the mercy of others and the environment, and are unable to make the most…
When many people think about financial planning, they think it’s all about savings and investments, but there are many other facets that everyday Australians need to take into account when considering their overall financial situation. Statistics reveal that one in four people living in rural and regional areas is suffering from cardiovascular disease and men…
If you want real financial insights and a drought-proof plan that identifies outcomes and how you can achieve them for your family business, this tip is for you . . . . Dibbo’s financial and agri-business reviews are structured and logical, but unlike some reviews that focus on the past and present, Dibbo takes this…