Farm financial skills workshops return

The initiative has been spearheaded and funded by food and agribusiness banking specialist Rabobank’s Rabo Client Council — a group of the bank’s farming clients who volunteer their time implementing programs that contribute to the sustainability of rural and regional communities.

Offered at no cost to participants, the interactive workshops provide practical, hands-on advice for understanding financial statements and banking requirements and explore topics such as taxation versus management accounting, essential business management ratios and understanding key components of a business’s financial profile.

Rabobank Riverina and Northern Victoria Rabo Client Council chair Monique Bryant said financial skills “are essential for our farmers and future farmers”.

“After successfully delivering the first module of the workshop program in February this year, we are excited to be able to return to the region and provide farmers with the opportunity to take the next step on their financial educational journey,” Mrs Bryant said.

“Although participating in one of the previous sessions is not a pre-requisite to attend.”

Mrs Bryant said understanding gross margin analysis was a critical step in farm planning and decision-making.

“In this second module, we take an enterprise-focused approach, separately looking at grains and livestock enterprises,” she said.

“We will consider cash flow implications of a variety of enterprise choices. The module will also focus on preparing annual cash flow budgets.”

The workshops, which will be limited to 30 participants each and are not restricted to the bank’s clients, will be presented by Hudson Facilitation director Tony Hudson.

Workshop dates and locations are:

To register, visit: