ProAdvice Podcast - Balancing people, profit and the environment

A conversation with Bronwyn Walker from ProAdvice discussing developments in the technology area to assist with creating an automated office. 

In this podcast we discuss the following:

• What are the main processes and functions that can be automated?
• How have these processes been completed historically and what are some current solutions?
• What have been some of the technological developments that have enabled automation?
• What other processes could be automated moving into the future?

A conversation with Cody Townend from Proadvice  discussing cryptocurrencies and blockchain technology and what applications there may be in agriculture.

• What is a cryptocurrency?
• Advantages and disadvantages
• What is Blockchain?
• Application in business generally
• Applications in agriculture
• Other potential benefits

A conversation with Clinton Peake and John Gibson regarding the recent Federal Budget.

• Tax implications
• Instant Asset Write Off
• Trends in currencies, land prices  and commodities
• Global risks
• The road ahead and how to navigate

A conversation with Clinton Peake from ProAdvice discussing the risk of not considering risk.  In this episode we discuss the following:

• How do you define risk?
• What are the main sources of risk in business?
• What can be done to manage risk?
• Why should business consider risk?

A conversation with Lachlan Polkinghorne discussing trends in the agricultural sector property market.

• How is rural property valued?
• What is driving the current trends in the ag property market?
• What to consider when investing in rural property?
• How do you work towards becoming 'land purchase ready'?
• Are we in a rural asset bubble?

With some unrest in the relationship of our major trading partner China, what does the future of the commodities markets look like?  Rob Herrmann of Mecardo will share his views on the future of sheep meat, beef, grain, and wool.  Other questions we have posed for Rob include:

· What has been the play out with historical global economic shocks in Australian red meat and grain markets?

· If there is a hyperinflation event as a result from government injection of cash into the system due to the global pandemic, will this be a good or a bad thing for commodity prices and farming net profit?

· Will the wool price recover or is the current pricing the new normal?

· Can domestic consumption in red meats and grains fill any shortfall from global demand fluctuations?

· If unemployment goes to 20% when the accelerator comes off the job keeper pedal, what will this mean for red meat and grain markets?

Andrew Beattie outlines the key issues to consider when it comes to refinancing.

• What does a bank consider when lending to clients?
• Does everyone with the same background get the same deal?
• How to get the best deal from your bank?
• Apart from the interest rate, what other items should you consider when comparing offers?

With the world in the grip of a health pandemic and many economies struggling to the point of recession, what will this mean for our investments?  Join Charles Gabriel from Morgans to hear his views on the future of global investments.  Other questions we have posed for Charles include:

• What will the Government and Federal banks injections into the currency and equity markets mean for the future?
• How do people mange risk and return in investment strategies during these times?
• What are some companies and sectors that currently look attractive?
• What are some companies and sectors to avoid at this time?

Returning to work on the family business
Lachlan Polkinghorne will facilitate a panel discussion with some next gen farmers on their decision to return to work in the family business.  Even before the legal matters of succession are considered, how do people fit in and what lured them back to the family business as opposed to continuing in their careers?

The panel includes:

Jamie Taylor – After developing a career in Collins St, Jamie and his wife Georgie have traded coffee on Sydney Rd for life on ‘Warrambeen' located between Shelford & Rokewood in Victoria.

Jo Williams – Now an integral part of a family business, Jo's early professional career was with the Ag Department in Port Lincoln.

Jeremy Lush – Jeremy has recently completed his tertiary education at Marcus Oldham, and with his parents Rodney and Sally, has chosen a career on farm located between Keith and Tintinara in SA.

Thomas Botterill – Thomas has built a successful career working with Barenbrug Australia, and has only recently decided to move back into the family business located at Digby in Victoria.

Tune in to find out how these families managed the challenges of working with family, the strategies they implemented, and the key take home lessons.

A conversation with Marilyn Williams regarding the importance of keeping accurate and up to date records.  During the podcast we will discuss the following:

• What is record keeping?
• How can financial records be stored?
• What are records used for?
• What are the 5 golden rules from the ATO's perspective?
• Why should you keep accurate records?
• Special items to keep in mind with regard to the Job Keeper and Cash Flow Boost programs from a record keeping perspective?