Should Personal Insurance be Inside or Outside Superannuation?

26 September, 2013

Death cover (Life insurance), Total and Permanent Disability (TPD) and Income Protection insurance should be regularly reviewed as the level of cover required can change as personal and business situations vary. The appropriateness of the existing cover and the most … Continue reading


Interest Rate Update (Sept 2013)

26 September, 2013

The following graph shows movements in both the 3 month and 3 year Bank Bill yield rates, for the period January 2006 to September 2013. These rates are wholesale rates which are net of any margin charged by financial institutions. … Continue reading


2012 Farming System – Enterprise Mix: Livestock, pulses, canola, brown manure

12 June, 2013

Robert A Patterson Key Words Wheat, canola, field peas, brown manure, continuous cropping, mixed farming, sheep, enterprise mix, EBIT, cost of production, financial risk, critical success factors. Take home messages Decisions regarding enterprise mix for 2012 should not focus primarily … Continue reading


The role of sheep in farming systems in changing markets

12 June, 2013

Mark Harris Rural Management Strategies Pty Limited Key Words: Sheep, Mixed farming, Continuous cropping, Risk, Enterprise mix, Cash surplus, EBIT, Capital requirement Take Home Messages Higher sheep prices are better but current prices are still satisfactory Mixed Farming and Continuous … Continue reading


How Do Bank Bills Work?

12 June, 2013

Bank Bills are a useful facility for obtaining larger amounts of finance sourced from the money market in a flexible manner. Bank Bills also generally underpin most other sources of finance. However, the operation of a Bank Bill is often … Continue reading


Interest Rate Update (June 2013)

12 June, 2013

The following graph shows movements in both the 3 month and 3 year Bank Bill yield rates, for the period January 2006 to April 2013. These rates are wholesale rates which are net of any margin charged by financial institutions. … Continue reading


Farm Management Deposits – Are they useful?

12 June, 2013

The Farm Management Deposit (FMD) Scheme was introduced by the Australian Government, to help farmers manage financial risk associated with cash flow variability by holding cash reserves. The scheme allows eligible farmers to set aside pre-tax primary production income in … Continue reading


2012 Cropping Returns

9 November, 2012

It appears that the 2012 growing season will produce quite variable yields across the Southwest Slopes and Riverina as many areas have received only decile one growing season rainfall for the year.  Areas to the east or those fortunate enough … Continue reading


Key Financial Ratios (2012/13)

15 June, 2012

Some key indicators based on predicted EBIT (earnings before interest and tax) have been calculated on the 2012/13 client budget data. EBIT is a measure of profitability used across various businesses and industries. The average results for the top 20% of … Continue reading


Cost of Production and Break Even Price Analysis (2012/13)

15 June, 2012

The average budgeted unit Cost of Production (before interest), and Break Even Price (after interest), calculated from 2012/2013 client budgets for the major commodities is shown below: Budget Cost Of Production Before Interest Top 20% Average Bottom 20% Wheat  ($/t) … Continue reading