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Probate Another Farm Cost, J Ripley

Journal of the Department of Agriculture, Western Australia, Series 4

Death duties are too big a cost to be ignored on most farms, because most farms have substantial assets in land, stock, buildings and machinery. The saying "a wise man does not lay up treasures, the more he gives to others the more he keeps for his own" seems true of the types of estate planning outlined in the following article.

The Rural Reconstruction Scheme, J Ripley

Journal of the Department of Agriculture, Western Australia, Series 4

In 1971 the Commonwealth Government passed the "State Grants (Rural Reconstruction) Act" to provide $100m to assist rural industry to adjust itself to the severe downturn in income. The money was to be divided amongst the States to enable State Governments to make loans to farmers and pastoralists.

In Western Australia the Government passed the "Rural Reconstruction Scheme Act, 1971", to implement the Scheme.