Agribusiness

Agribusiness

RSM offers agribusiness experts across australia

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. 

Contact a agribusiness business expert

We have been helping agricultural businesses in Australia achieve their financial, operational and strategic objectives for over 100 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.

KEY CONTACT

Ross Paterson
National Head of Agribusiness

T: +61 8 9432 3103
E: [email protected]


How can we help you?

Agribusiness Report


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.

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.

Contact a agribusiness business expert


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



Contact a agribusiness business expert

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

Contact a agribusiness business expert
Contact a agribusiness business expert

RSM is a proud member of The Farming Team,
 a collaborative effort to support Australian farmers.

The Farming Team >>

RSM offers Safe Harbour strategies

Holding farmland inside an SMSF: Yay or nay?

21 April 2022
Holding farmland inside an SMSF has long been a favoured strategy across Australia. The ability to help fund your retirement by paying yourself a tax-deductible lease payment is very popular, as is the 15% tax rate inside an SMSF and the potential to minimise your assets for the $6 million small business assets test.

Tax effective financing options for machinery purchases

20 April 2022
Tax planning should be a top priority for the 2022 year in light of WA’s record harvest and expected higher profits. So if you're planning to purchase machinery in the near future for your business, you might want to consider these tax effective financing options. 

Are you eligible for soil testing funding?

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You'll often hear how hard it is to manage soil health and one of the best ways to do this is to test and analyse the soil data regularly. Soil testing funding has become available for eligible farmers.  However, testing comes at a cost. 

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Many farmers are coming off a record year in terms of production and prices, but two months into 2022 and we are seeing a few reality checks already. Rising input costs, strain on the supply chain, and increases in capital purchases are causing frustration among farmers in the agriculture sector.

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Tax time hints, tips, and information if you are working as an employee in the agricultural sector.

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For anyone who has a private company (Pty Ltd) in their family structure, you would have likely heard of the term, Division 7A. It’s a frequently talked about topic, however, is not always easy to understand.

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The Fuel Tax Credit system as we currently know it was introduced in July 2003, replacing the previous Diesel Fuels Rebate Scheme.

Data integration and your 2022 budget – Figured and Agworld

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With the exponential growth of digital technologies occurring within agricultural systems, farmers have more data and insights at their fingertips than ever before.

Rapid Antigen Tests – Tax deductibility myths debunked

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Prime Minister Scott Morrison has told the media in recent days that rapid antigen tests (RATs) for COVID-19 are 'tax deductible'. 

Modern Manufacturing Initiative (MMI) | Round 2 (Translation)

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Translation Stream - Round 2 The Modern Manufacturing Initiative (MMI) is a $1.3 billion initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience.

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Tax changes causing a farm business rethink

6 May 2022
For generations, Australian farming families have often operated their farming business via family trusts or partnerships.

10 tips to minimise the impact of farm financial risk

3 May 2022
Farmers and farming businesses deal with a significant amount of uncertainty every day, and the impact of farm financial risk can be astronomical. 

The 2022 State of Agribusiness in Australia

21 April 2022
The 2022 State of Agribusiness in Australia report provides an overview of the challenges the industry currently faces, along with recommendations and insights from industry leaders that will let agricultural players harness more opportunities and strengthen their position in the market.

Holding farmland inside an SMSF: Yay or nay?

21 April 2022
Holding farmland inside an SMSF has long been a favoured strategy across Australia. The ability to help fund your retirement by paying yourself a tax-deductible lease payment is very popular, as is the 15% tax rate inside an SMSF and the potential to minimise your assets for the $6 million small business assets test.

Tax effective financing options for machinery purchases

20 April 2022
Tax planning should be a top priority for the 2022 year in light of WA’s record harvest and expected higher profits. So if you're planning to purchase machinery in the near future for your business, you might want to consider these tax effective financing options. 

Are you eligible for soil testing funding?

5 April 2022
You'll often hear how hard it is to manage soil health and one of the best ways to do this is to test and analyse the soil data regularly. Soil testing funding has become available for eligible farmers.  However, testing comes at a cost. 

Rising Costs for Farmers in Early 2022

15 March 2022
Many farmers are coming off a record year in terms of production and prices, but two months into 2022 and we are seeing a few reality checks already. Rising input costs, strain on the supply chain, and increases in capital purchases are causing frustration among farmers in the agriculture sector.

Agricultural workers – income and work-related deductions

23 February 2022
Tax time hints, tips, and information if you are working as an employee in the agricultural sector.

Understanding Division 7A

22 February 2022
For anyone who has a private company (Pty Ltd) in their family structure, you would have likely heard of the term, Division 7A. It’s a frequently talked about topic, however, is not always easy to understand.

Learn how to maximise your Fuel Tax Credits

25 January 2022
The Fuel Tax Credit system as we currently know it was introduced in July 2003, replacing the previous Diesel Fuels Rebate Scheme.

Data integration and your 2022 budget – Figured and Agworld

24 January 2022
With the exponential growth of digital technologies occurring within agricultural systems, farmers have more data and insights at their fingertips than ever before.

Rapid Antigen Tests – Tax deductibility myths debunked

4 January 2022
Prime Minister Scott Morrison has told the media in recent days that rapid antigen tests (RATs) for COVID-19 are 'tax deductible'. 

Modern Manufacturing Initiative (MMI) | Round 2 (Translation)

14 December 2021
Translation Stream - Round 2 The Modern Manufacturing Initiative (MMI) is a $1.3 billion initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience.

Modern Manufacturing Initiative (MMI) | Round 2 (Integration)

13 December 2021
Integration Stream - Round 2 The Modern Manufacturing Initiative (MMI) is a $1.3 billion initiative targeted at all businesses growing Australia’s Manufacturing capacity, building scale, and supply chain resilience.

Supply Chain Resilience Initiative Grant | Round 2

13 December 2021
The $107 million Supply Chain Resilience Initiative (SCRI) was established as part of the Modern Manufacturing Strategy and runs over four years from 2020-21 to 2023-24.

Pages