Entries by Farming Growth

Farmer of the Year

May 2019 A relatively mild Autumn has seen mixed results in Hawke’s Bay and it’s all down to rainfall. Talking with our rural community it always amazes me how we can have vastly different weather patterns from one end of the region to the other, or even 15 minutes down the road. Just when we […]

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Josh’s Comment – HB Monitor Farm

Beef and Lamb New Zealand’s Monitor Farm programs started in 1991 with the aim to help farmers plan for success by way of bringing together a community group and focusing on a selected farming business. Hawke’s Bay’s newest and only monitor farm is Te Hau, owned and operated by Patrick and Isabelle Crawshaw. The first […]

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Cash Manager Rural Tips and Tricks

Closing Livestock Tallies Before submitting your financial year end questionnaire please check that your Livestock Year End Tally is correct. From the Transaction screen click on Reports – Accountants Livestock Rec. Livestock tallies do matter so please be careful that the stock transactions (sales and purchases) have been coded correctly and that tallies have been […]

Our thoughts on Payday filing

By now you should be aware of the new payday filing rules which came into force on the 1st of April 2019. Previously, employers could file details of employee earnings and attend to the payment of PAYE with the IRD monthly, or twice monthly for larger employers (regardless of the pay period). Payroll information is […]

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New Zealand Horticultural Exports

Plant & Food Research NZ recently published their 20th edition of Fresh Facts which contains some very interesting data for the year ended 30 June 2018. Some of the key points are: Produce from the New Zealand horticultural sector exceeded $9.2 billion in the year to 30 June 2018. The total value of horticultural exports […]

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Rural farm houses to comply

The clock is ticking for rural farmhouses to comply with new laws for providing insulation in rental homes Insulation requirements From 1 July 2019, ceiling and underfloor insulation will be compulsory for all rental properties in New Zealand. The regulations apply to all residential rental properties including farm dwellings that are rented or supplied to […]

Anti-money laundering and countering financing of terrorism

Anti-money laundering and countering financing of terrorism The Anti-Money Laundering and Countering Financing of Terrorism Act 2009 (“the AML/CFT Act” for short) is expanding to cover more New Zealand businesses. The purpose of this law reflects New Zealand’s commitment to the international initiative to counter the impact that criminal activity has on people and economies […]

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Succession

Succession is a word that often provokes negative images of family feuds, lengthy court battles and disputes that can tear families apart for generations to come.  We hear sad stories about elderly being taken advantage of and people having to work later in life due to financial pressures.  Fortunately, the majority of these situations can […]

Succession planning by Richard Riddell

Succession planning takes many forms, whether it be identifying and developing people to take on roles within an organisation to safeguard against the loss of an employee or provide motivation to staff for career planning, through to the transfer of businesses to the next generation whether it be to a family member, a loyal staff […]