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Hanging On Or Handing Over : Proceedings Of A Succession Planning Seminar Held ... 28 July, 1994 At The Dalwallinu Recreation Centre ... 29 July 1994 At The Moora Recreation Centre., Department Of Agriculture And Food, Western Australia

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The two inevitables of life are death and taxes and never has there been a more direct application to these inevitables than the old Russian proverb-

"If you fail to plan, you are planning to fail."

In 1980 in the Shires of the West Midlands and Northern Wheatbelt there were 1,102 farm enterprises. By 1993, there were 853 farm enterprises - a decline of 23 % and one of the major factors causing this decline is the lack of effective estate planning. It confirms that a significant proportion of farm businesses do not have the resources to fund the retirement …

Handing Over The Family Farm : Proceedings Of A Succession Planning Seminar Wednesday 2 March 1994 Dymesbury Lodge, King River., Department Of Agriculture And Food, Western Australia, Adrian Ross

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Succession planning for farm businesses is becoming of increasing interest and importance. The increased pressure from competitive world markets and more marginal fanning profits is necessitating better planning for many farm families who wish to provide a sustainable family farming unit. Today's seminar has been arranged to inform farmers of the related issues and importance of careful estate planning. As The Department of Agriculture does not have specialised resources in the relevant areas, it is imperative that experienced individuals from the private sector are utilised to provide this information. These proceedings have been written by such individuals and are intended …

Beef Farms : Thriving Profits To Expensive Lifestyles, Bevan Kingdon, Greg Sawyer

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

Low wool prices in the last few years have stimulated interest in beef production in many areas of the State. Market sales at $500 and above for vealers sound attractive, but profitability of farms varies greatly. A BeefFarm Survey conducted by the Department of Agriculture has some interesting preliminary findings. Based on fairly modest returns for the operator's time, some farms are actually losing rather than making money on their beef enterprise, although potential profits are sizeable with good management. Interestingly, the biggest farms are not always the most efficient.