Carbon farming is a terminology that we are all familiar with, but it’s an area where we lack an in-depth understanding. As part of the Facey Group mini-series collaboration, Malcolm Gillet from Green Collar will be interviewed by our hosts David and Kelly in this episode. Malcolm explains what carbon farming is, why you as a farmer should start educating yourself about it, where it may fit into your farming business and its impact as another source of farm income.

Malcolm Gillett is a WA Business Development Management for Green Collar, Australia’s largest environmental markets investor and project developer. Green Collar helps farmers, graziers and land managers to identify and create commercial opportunities through nature-based projects that enhance their productive agricultural enterprise while caring for the environment and delivering tangible social and economic benefits.

Disclaimer

The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.

Welcome to the very first episode of a special five weeks collaboration with the Facey Group. Today, our host, David, will be interviewed by Kelly Pearce, CEO of the Facey Group.

Running a farm business is rewarding and the riskiest business to be in. There are many unpredictabilities beginning with climate conditions, political situations, and unstable market conditions; no one can control these conditions. But one thing that you have a hundred per cent control over is your cash flow.

In this episode, David shares his insights into the importance of establishing a budgeting rhythm and a good cash flow forecasting model, helping you to predict the unpredictables, and giving you time and mental clarity to make the best decision for your farm business.

Disclaimer

The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.

In this episode, you’ll hear Mark’s perspective on the importance of implementing an industry-specific management accounting system as opposed to a generic system that only focuses on tax accounting needs. According to Mark, industry-specific management capabilities should not be overlooked as they provide valuable information on where the farm business is at, how it’s performing, opportunities that are present and possible risks that need to be addressed to drive business success.

Mark Morton is an entrepreneur and founder of Agribusiness Concepts Consultancy in northern NSW. He has an over 30-year career in agribusiness by working for banks dedicated to the agribusiness field and eventually progressed into a consultancy role focused on the cotton and rice industry. As a consultant, he had access to the best Excel spreadsheet in the market but for Mark, it only reinforced the need for a consistent financial management process specific to ag leading him to create Practical Systems, a software that helps to manage and unlock the value of data embedded within the farm operations. He is an experienced CEO with a track record of delivering technology solutions to primary producers in Australia and New Zealand, delivering growth and value to customers and shareholders.

Disclaimer

The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.

Jack Hayes is a Manager within the Agribusiness division in one of Western Australia's largest accounting firms Byfields Business Advisors. Jack has over 10 years of experience working within the accounting and taxation industry and having grown up on the family farm in Badgingarra, Jack has an established, long-standing passion for the agriculture industry, with a particular interest in the latest farming practices and technology.

In this episode, we’ll be talking about one of the complex topics to tackle within the farm business - succession particular from a younger generation’s point of view, which is often missed in the discussion. According to Jack, succession planning has become much more personal and relationship-based than the traditional understanding of the transfer of assets. With many futures on the line, Jack outlined the importance of opening up the line of communication to start the planning process as early as possible for a successful transition.

Disclaimer

The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.

In this very first episode, we’ll introduce you to a special guest, Natalie Egerton-Warburton. Together with David, we’ll take you back to the very beginning of Agrimaster, its 40 years history and how the husband and wife team is leading the program to be the leader in the industry. Throughout the episode, you'll hear Natalies' passion for financial management and the importance of having financial records. It's not every day that you associate having peace of mind with financial management. According to Natalie, knowing your numbers will help you make informed decisions, less stress, and allow you to have good conversations with your farm business partners.

Disclaimer

The information provided in this podcast is general in nature and does not in any way constitute financial, investment, accounting, tax, or legal advice. You should always consult with relevantly qualified and licensed professionals for advice tailored to your specific situation and requirements. The opinions expressed are our own and do not reflect those of our sponsors or any third parties.