Join us as we return to the historic Goonoo Goonoo Station in Tamworth, NSW, for another exciting episode recorded live at the pre-bull sale dinner of the 3R Beef annual stud sale.

In this special panel interview, I sit down with industry leaders to delve into the heart of the beef industry's future. The theme of this year's panel discussion: “Reimagining The Future of the Beef Industry”. With a panel of high-calibre guests, carefully curated for our audience of driven and successful commercial beef producers, we're diving into the opportunities and challenges that lie ahead.

This year, our guests are David Foote, the President of Cattle Australia; Paul Harker, the Chief Commercial Officer of Woolworths; and Kari Moffat, the Sustainability Manager of AAM Investment Group and a member of the Australian Beef Sustainability Group Steering Group.

We explore the future of the beef industry and how it's uniquely positioned to thrive amidst substantial change. Our guests provide their perspectives on consumer trends, the evolving role of sustainability, the importance of transparency, and the necessity of embracing adaptability.

Paul Harker kicks off the conversation, shedding light on how the world is changing and how Woolworths' insights into consumer trends can shape the future of the beef industry. David Foote follows, highlighting the essential factors that producers should be aware of and why they should care about industry shifts, even those seemingly outside their control.

Kari Moffat then takes the spotlight, discussing the emergence of roles like Sustainability Manager and the pivotal role they play in the agricultural investment landscape. The conversation turns to the correlation between meeting consumer expectations and attaining premium prices for products, a discussion led by Paul Harker.

Kari circles back, offering insights into her involvement with the Australian Beef Sustainability Framework and its significance for the industry's producers. Finally, David Foote wraps up our Fireside Chat by emphasizing the rapid technological advancements and the need for adaptability to seize emerging opportunities.

As we navigate through these engaging and thought-provoking discussions, our panellists offer their unique perspectives on the future of the beef industry. So, whether you're a seasoned beef producer or simply curious about the landscape of agriculture, join us for an insightful journey that might just reshape the way you think about the future.

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

This episode’s guest is Ben Law, The Financial Bloke.

While Ben is a successful coach and podcaster in the agriculture space, today he’ll be discussing the incredibly challenging journey he faced when he and his wife chose to try and have kids, despite the fact he had been told he'd never be able to have children years earlier.

In this episode Ben shares:

• What it felt like to be told he would never be a father
• The painful and emotional process men must go through during IVF
• How the IVF process was socially isolating and caused him to lose friends
• What happened when they tried for a second child
• The mental resilience he needed to get through it and his advice for others trying

Key Quotes

• “The doctor looked at me one day and said, ‘We’re scraping the bottom of the barrel with you, aren’t we?’”
• “We lost friends over that, especially in the guy area.”
• “We went through the first round of IVF and the doctor essentially said we were wasting our money and should give up.”

If you want to find out more about what Ali does, check out her business via her website:

https://www.trialtitudeperformance.com.au/

For her other business, visit:

https://altitudefitnessarmidale.com.au/

Or you can follow them on Instagram:

@trialtitudeperformance
@altitudefitnessarmidale

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

In this episode, we're delving into the tax trap that will affect many farmers and graziers when purchasing new machinery.

For years, the question of whether upgrading machinery helps with tax has been a common concern, especially during the period of the instant asset write-off. However, with the government returning to pre-pandemic tax rules, understanding the tax implications is now more critical than ever.

To guide us through this complex subject, we have a special guest, Chris Eccles, accountant and director of Empower Accounting & Advisory.

In this conversation, Chris gives us an understanding of the new depreciation rules and what they mean for future equipment purchases. We’ll look at specific examples to illustrate the tax implications of upgrading machinery and explore scenarios involving different types of equipment, such as tractors, graders, dozers, trucks, and even round bailers. By breaking down the numbers, we’ll be demonstrating how depreciation, sales, and tax rates affect the overall financial outcomes.

For those looking to learn more about Chris and his insights, they can find him on the Empower Accounting & Advisory YouTube channel, where he shares numerous business tips. Additionally, interested individuals can visit the Empower Accounting & Advisory website and schedule a conversation with Chris:

Youtube - https://www.youtube.com/@empoweraccountingandadviso162
Website - https://empoweraa.com.au/
 

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

Today we're diving into the high-tech world of drones and their adoption in agriculture. Our special guest is Luke Chaplain, a fourth-generation grazier from North West Queensland and the founder of SkyKelpie. Luke's expertise in drone mustering has made him a leading authority in the field.

In this episode, Luke shares the fascinating story behind SkyKelpie and how his passion for agribusiness, coupled with groundbreaking drone mustering trials, led to the creation of his innovative company. We explore the current capabilities of drone technology and its practical applications in agriculture, as well as the exciting possibilities that lie ahead.

With the convergence of AI, big data, and high-speed internet providers like Starlink, the potential for drones in farming is immense. We discuss how this convergence will shape the future of the industry, including AI acceleration of learning and the broader implications for producers. Luke also shares his vision for a future where drones become as essential and valuable as traditional working dogs, potentially addressing labour shortages in agriculture.

Tune in as Luke provides insights into the transformative power of drones in agriculture and shares his thoughts on what true wealth means to him. Don't miss out on this enlightening conversation!

To learn more about Luke Chaplain and SkyKelpie, visit www.skykelpie.com

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

In this episode of "The Financial Bloke's Wealth & Wisdom," host Ben Law undertakes a fascinating discussion with Andrew Roberts (Business Coach & one of the founders of The Farm Owners Academy), about the incredible power of shared values in aligning families for success.

They explore how deeply ingrained values serve as the cornerstone for building thriving families, not just in financial terms but also in terms of overall fulfillment and well-being.

Join Ben and Andrew as they discuss how good communication and a family culture built on strong values fosters a foundation that paves the way towards lasting prosperity and happiness across the generations. 

More information about Andrew can be found on his website: http://www.andrewroberts.com.au/

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

In this episode, we welcome back a special guest, Dr. Terry McCosker, Founding Director of RCS Australia and Chairman of CarbonLink. If you missed our popular episode on carbon credits, go back and checkout episode “#15: Carbon Credits: The Results Are In," where Terry shared invaluable insights about carbon farming. 

Recently, Terry hinted at some exciting forthcoming data relating to large-scale carbon projects. The suspense built as he said, "I can't tell you about it just yet, Ben, we'll have to wait." Intrigued, I've been following up with Terry, and finally, he has given me the green light to publicly unveil with him three significant pieces of information he wants to share that could revolutionize how we perceive grazing's impact on climate and carbon farming.

During the episode, we dive into the specifics of the groundbreaking large-scale carbon farming project that recently received regulatory sign-off, exploring its significance and implications.

Challenging the misconceptions around cattle as climate villains, Terry presents compelling data on the carbon effects of grazing operations, shedding light on the true impact of cattle and methane production. Additionally, Terry explains the relationship that has been shown to exist between carbon sequestration, water, and its potential effects on global warming.

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

Welcome to another episode of The Financial Bloke’s Wealth & Wisdom podcast. Our guest today is Asher Hammond, a specialist Agri recruiter and director of Agrijobs Australia. 

If you are like the many driven rural producers who have faced challenges in attracting and retaining great staff, then you’ll want to tune into this one. 

In this episode, Asher shares techniques used by successful operators to attract exceptional candidates. We also explore the importance of identifying less-than-ideal candidates, including the deceptive "wolf in sheep's clothing" scenario, and learn efficient ways to discern genuine talent and save time and resources.

Some of the topics we’ll be covering:

• Key reasons why good employees leave, and actionable tips for retention and creating a positive work environment that fosters loyalty, engagement, and job satisfaction.
• Effective strategies to prevent staff from being poached by competitors, for building strong relationships, cultivating a positive company culture, and providing growth opportunities to retain valuable employees.
• For remote employers, Asher addresses the specific challenges they face in attracting and retaining staff and provides insights into how to meet the needs and expectations of remote job seekers, regardless of distance from a regional centre.
• Determining the appropriate level of compensation to maintain loyalty and strike the right balance between fair pay and staff retention.

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

Today we welcome back John Moor, a seasoned expert in managing farm managers, to discuss the challenges that farm owners face in finding, valuing, retaining, and getting the most out of their farm managers. John shares his extensive experience in managing employees and highlights the importance of developing the skills needed to effectively manage them.

John provides valuable insights into how to manage a manager, including setting up clear expectations, providing guidance, and offering support. He also shares his thoughts on whether you need to readjust your relationship with an existing farm manager and how to go about it.

This episode is a must-listen for farm owners, operators, or supervisors who want to scale or build their business, rather than just having a job.

Learn more about John at https://www.growmoorbiological.com.au or email [email protected].

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

In this episode of Wealth & Wisdom, we're talking about a topic that often doesn’t get enough attention: the value of strong family relationships for people on the land. Our guest, Ali Flynn, brings her expertise as a therapist, facilitator, mindset coach & host of “The Challenges That Change Us Podcast” to the conversation, sharing insights on how to improve communication and build stronger connections within farming families.

While it may seem like a departure from our usual focus on wealth and business performance, the reality is that family relationships can have a huge impact on both of those things. As the saying goes, it takes two generations to build wealth and one to lose it, and the statistics show that family breakdowns are often a major contributor to that loss.

Whether you're on the land, from the land or a professional adviser that serves the rural community, you’ll know that communication can be a challenge for most farming families. But with Ali's tips and strategies, you'll learn how to navigate those challenges and build deeper, more meaningful relationships with your loved ones.

If you're ready to cultivate stronger connections within your family and secure your legacy for generations to come, join us for this insightful and practical episode of Wealth & Wisdom.

You can find Ali on:

Apple Podcasts - https://podcasts.apple.com/au/podcast/challenges-that-change-us/id1617557536
Facebook - https://www.facebook.com/alexandria.flynn.9
LinkedIn - https://www.linkedin.com/in/aliflynn/

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...

We all want to make a profit, but the bigger the profit, the bigger the tax bill. So, how much of your hard-earned cash do you need to give to the tax office? 

In this episode, Ben will be discussing some useful tips and traps to avoid when preparing for the end of the financial year with your accountant.

Ben covers some essentials such as the massive difference between profit and cash flow, how to take advantage of a lean year, why banks hate ATO tax debts, and the importance of seeking advice on tax-deductible contributions to super. He also discusses how Farm Management Deposits (FMDs) can help manage your tax liability, when used as part of a bigger business plan.

So, join us in this insightful episode for some great tips and traps to avoid to help you prepare for the end of the financial year.

If this podcast has ever added value to your farming business, we'd love for you to leave us a rating and review on Apple Podcasts or Spotify.

https://pod.link/1598835360

-----------------------

Ben Law is a coach to some of Australia's most successful farming families. He was raised on the land — three generations of farming in his blood — and has spent almost 30 years and more than 40,000 hours alongside farming families, first as their financial adviser and now as their coach. Along the way he learned the truth nobody talks about: what makes or breaks a family legacy isn't the money — it's whether the family can communicate, get aligned, and prepare the next generation before succession arrives.

That's what this podcast is about. Each fortnight Ben sits down with farming families, trusted advisers and industry experts to unpack how to build a family that thrives across generations — strong in business, strong in relationships, and set up to hand over the farm without losing each other.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

...