What is the economic outlook for 2023 and how may this impact Australian agriculture? In 2022, farmers experienced significant increases in interest rates, important input costs, particularly fertiliser, chemical and fuel, and changes to their commodity prices. While changes to these important components of the farming business are common, we haven’t experienced these large increases for some time. It’s important to be informed on what changes might be expected in 2023 so that we can be...
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What is the economic outlook for 2023 and how may this impact Australian agriculture? In 2022, farmers experienced significant increases in interest rates, important input costs, particularly fertiliser, chemical and fuel, and changes to their commodity prices. While changes to these important components of the farming business are common, we haven’t experienced these large increases for some time. It’s important to be informed on what changes might be expected in 2023 so that we can be...
Peter Aikman began his journey toward greater understanding of his farm business by trying to discover the information behind his financial data. “I wanted to improve my knowledge. I wanted more confidence in my numbers. I wanted more accuracy, transparency with business partners, whether that be people in your business or your banks and to enjoy it.” This has given Peter confidence in not only understanding his own data, but also empowering his business planning and decision-making. Fo...
Your Farm Business Podcast
What is the economic outlook for 2023 and how may this impact Australian agriculture? In 2022, farmers experienced significant increases in interest rates, important input costs, particularly fertiliser, chemical and fuel, and changes to their commodity prices. While changes to these important components of the farming business are common, we haven’t experienced these large increases for some time. It’s important to be informed on what changes might be expected in 2023 so that we can be...
