Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Beef + Lamb New Zealand Workshops to Kickstart Conversation

12 OCTOBER
FOR IMMEDIATE RELEASE


Beef + Lamb New Zealand Workshops to Kickstart the Conversation Around Farm Succession

Beef + Lamb New Zealand is holding a series of workshops in Wairarapa and Hawke’s Bay to help farming families plan for the future.

A succession plan can help to avoid family rifts further down the track, ease the transition from one generation to the next, and ensure a fair go for all involved.

It’s a big issue for the sheep and beef sector. We’re told that more than 60 per cent of farm businesses are owned by over-60s – the majority of whom want to pass the family farm on to the kids.

Yet, according to ANZ Bank’s annual business barometer survey, just 10 per cent of farms have a formal succession plan in place.

“Starting the conversation can be daunting,” says Beef + Lamb New Zealand Chairman Mike Petersen.

That’s where Beef + Lamb New Zealand comes in. The Framing the Future of Your Farming Business workshops are designed to provide a guide for positive succession planning. Bankers, accountants and business planners will share their knowledge, providing you with a framework to consider some of the complex issues involved.

“This is one event you can’t afford to miss,” Mr Petersen says. “It will cover a range of relevant topics such as how best to balance business and family interests. But, most importantly, it will guide you on how to start those conversations.”

The workshops are supported by New Zealand Trade and Enterprise, which is offering farmers an opportunity to get independent advice and guidance through its regional capability development system.

Workshop dates:
• Masterton – 30 October
• Dannevirke – 31 October
• Hastings – 6 November
• Gisborne – 7 November

For more information, please go to beeflambnz.com/events
ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Frog Recruitment: Kiwi Workers Reluctant To Make Business Trips Across The Ditch Despite Trans-Tasman Bubble Opening

When the trans-Tasman travel bubble opens today, many Kiwi companies won't be rushing to buy an air ticket, reluctant to cross the ditch to do business. The latest survey conducted by leading recruitment agency, Frog Recruitment of nearly 1,000 New Zealand ... More>>

Tourism: Employers Welcome Back Working Holidaymakers

Tourism businesses gearing up for the return of Australian visitors from next week will be relieved to learn that they will also have access to an offshore pool of much-needed job candidates, Tourism Industry Aotearoa says. Tourism employers around ... More>>

Commerce Commission: Latest Broadband Report Confirms Improved Performance Of Premium Fibre Plans

The latest report from the Commerce Commission’s Measuring Broadband New Zealand programme shows that the performance of Fibre Max plans has improved substantially. This follows a collaboration between the Commission, its independent testing partner, ... More>>

Air New Zealand: Capital Raise Deferred

Air New Zealand has decided to defer its planned capital raise to later in 2021 allowing more time to assess the impacts of recent developments on the airline’s path to recovery. 'We’ve seen some clearing of COVID-19 clouds recently, with ... More>>


Stats NZ: New Report Shows Impact Of Demands On Land In New Zealand

A new environmental report released today by the Ministry for the Environment and Stats NZ, presents new data on New Zealand’s land cover, soil quality, and land fragmentation. The land cover data in the report, Our land 2021 , provides the most ... More>>

ALSO:

Stats NZ: March Card Spending Rebounds Despite COVID

There was a lift in retail card spending in March following a fall in the lockdown-disrupted February month, Stats NZ said today. Seasonally adjusted retail card spending rose by $53 million (0.9 percent), compared with February 2021. Visit our website to read ... More>>

PwC: Outcome Of Review Into Air New Zealand Gas Turbines Business

Air New Zealand has received the report into its Gas Turbines business from independent external advisers PwC. Air New Zealand Chairman Dame Therese Walsh says the report identified a range of effective controls in the Gas Turbines revenue contracting ... More>>