Facts for growers

Grains Research and Development Corporation has provided another five farm business fact sheets to help growers with on-farm decision-making.

The fact sheets focus on topics of structuring business for generational transfer; applying corporate principles and processes to the family farm; capital-gains tax implications on the sale or transfer of farmland; transferring farmland into a self-managed superannuation fund; and investing in a sprayer.

GRDC extension and communication senior manager Luke Gaynor said the fact sheets were designed to provide information about important aspects of farm enterprises.

“The GRDC has long recognised that grower profitability is intrinsically linked to decisions made in the farm office and around the family kitchen table, in addition to those in the paddock,” he said.

“This is why the GRDC invests in research, development and extension that supports growers in all profit-influencing facets of their farming endeavours.”

The five new fact sheets can be found at online at bit.ly/2e4zgxl.