RSM Australia

Agribusiness

The Australian agribusiness sector is a significant driver of the Australian economy. With a strong track record in generating international investment throughout the agricultural supply chain, Australia’s diverse climate, geographic isolation and leading quarantine and monitoring regime has earned it a place as a leader in agriculture.

We have been helping agricultural businesses in Australia achieve their financial, operational and strategic objectives for over 90 years. Regardless of size or location, our team understands the ever-changing agribusiness landscape and have the specialist knowledge that is required to address the challenges faced by farming businesses. From family owned to large publicly traded farming businesses, we understand the social and economic issues faced by the agricultural sector and the long association with the sector is one that we are particularly proud of.

Our unparalleled regional presence has also helped us stay close to primary producers and post-farm gate businesses across the country. Technology has changed agriculture and accounting dramatically but one constant over the years is the willingness of RSM accountants to travel to the family farm or business to sit down and discuss the financial affairs with you. We believe that this way, we achieve a greater awareness of your farming business and provide a better service as  a result.

With a passion for the industry and its values, our team of advisors to growing small-and-medium sized enterprises (SMEs) in agribusiness have strong technical knowledge of the complexities associated with running a farming enterprise.  While recognising the importance of compliance in areas such as tax and employer superannuation obligations, our team also help SME owners focus on the long-term by taking the next step to wealth creation through sound business planning.

From external and internal audits to implementing risk management strategies to tax compliance to valuations and restructures, our corporate services arm will deliver industry-focussed solutions drawing on global and local perspectives.

Understanding your specific needs

Whether your business is a “hobby farm” or one of Australia’s largest food suppliers, RSM understands the vast nature of agribusiness. RSM has experience with businesses that operate in:

  • Agriculture and food production
  • Pastoralists and livestock graziers
  • Horticulture
  • Wineries
  • Commercial fishing and aquaculture
  • Transportation and machinery

Disaster relief for flood affected communities in Western Australia

14 February 2017
In light of the recent flooding across our WA’s South West, The WA Government is offering immediate financial assistance to those affected.  Learn more...

Multi-peril crop insurance - protect your season's success from unexpected damage

3 February 2017
Not everyone has the capacity to overcome a bad year, farmers with equity below 75 percent are urged to seriously consider taking up multi-peril crop insurance while you still can. If you want cover, act now.

15 percent backpacker tax, a win for primary producers

5 December 2016
After waiting 18 months for legislators to reach a sensible conclusion to the highly contentious backpacker tax, a vote for 15 percent in the final hours of the parliamentary year is a major victory for long-suffering Australian farmers.

Budget 2016 for Agribusiness

3 May 2016
Key announcements Whilst there are no specific incentives for Agribusiness, many of the proposed changes will impact this sector including:

Proposed Amendments to Farm Management Deposit Scheme Fall Short

15 March 2016
The Australian Government proposes to introduce legislation into parliament in August 2016 to change Farm Management Deposits (FMD) to:

Tips to improve your cash flow

17 February 2016
The start of the new year provides small businesses with the perfect opportunity to improve their credit management and cash flow conversion cycle. Here are some tips for improving your credit management and cash flow in 2016:

Where to with the Wine Tax?

7 January 2016
Anyone working with the wine tax on a day-to-day basis would agree it is not a simple tax. The basics are straightforward, it is around the edges where it gets difficult. 

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