The Agricultural sector employs over 320,000 workers and is represented by a diverse range of occupations including livestock farmers, crop farmers, farmworkers, plant operators, agricultural scientists and more.
The value of production across the industry sits close to $60 billion fed by global demands from growing middle-class economies for beef, lamb, cotton, wool, wheat and sugar. On average, 70% of agricultural production is exported. At SV Partners, we recognise the significance of the industry as a contributor to the Australian economy and in its role in supplying crucial resources to the country.
Overview
Industry Challenges
As is the case in any dynamic industry, Agriculture also faces its fair share of challenges.
Increasing production costs due to price rises in consumables and capital inputs are raising the cost of doing business across the industry. An aging workforce and lack of agricultural labour are placing demands on the industry to find ways of attracting new talent.
Additionally, consumers are demanding healthier products from producers with ethical and sustainable business practices. Government reforms along with increased regulation are forcing the industry to adapt to new ways of working. It’s imperative that businesses invest in and adopt new technology which will aid in reducing costs and continue to drive growth in the sector while ensuring Australia remains competitive on a global level.
Our Experience
SV Partners has developed an in-depth understanding of specific requirements and business operations having undertaken many appointments of varying difficulties across the Agricultural industry.
We recognise that the sector requires specialist knowledge and skills when dealing with businesses that are facing financial difficulties, stress or insolvency.
Our previous engagements have been varied and include wineries, stud farms, livestock farms, farming equipment businesses and processing plants.
Our Experience
SV Partners has developed an in-depth understanding of specific requirements and business operations having undertaken many appointments of varying difficulties across the Agricultural industry.
We recognise that the sector requires specialist knowledge and skills when dealing with businesses that are facing financial difficulties, stress or insolvency.
Our previous engagements have been varied and include wineries, stud farms, livestock farms, farming equipment businesses and processing plants.
How can we help?
Our industry experience has allowed us to develop expert skills and apply them across small and large scale matters across the sector.
We work collaboratively with business owners to assess the main concerns and priorities given the current situation and take a measured approach in our evaluation. We make sure to consider individual circumstances and all contributing factors and discuss options for moving forward.
We are well placed to assist with all Agricultural matters. In addition to our metro offices, we maintain a strong regional focus in South Australia, Queensland and New South Wales with offices in Adelaide, Mackay, Rockhampton, Sunshine Coast, Toowoomba, Gold Coast, Wollongong, Newcastle, Dubbo and Tamworth.
Are you concerned about your financial position?
Contact us now for an obligation free consultation on
1800 246 801
Case Study - Debt settlement with a bank
Late last year we were approached by a 63-year old lady who presented with the following ‘financial symptoms’: Assets Liabilities 50% interest in a vacant block – $25,000 Bank debt (unsecured) – $215,000 Motor vehicle – $5,000 Superannuation – $100,000 Income (self-employed) – $50,000 p.a. The debtor’s main income-producing activity from 2002 until 2009 was buying and selling properties. She encountered financial difficulty during the GFC which, as we know,...
