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The Australian Dairy Industry faces challenging times with softening global milk prices and reduced demand.

If we review the history of the dairy industry over the past 35 years we can see that the national herd size is quite similar yet there is less than one third the number of farms as the trend towards larger farming operations.

blog rruRegional Round-up  is a monthly newsletter providing an overview into the environmental and business conditions affecting farmers and rural businesses in the Goulburn Valley and North East Victoria.

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Typically Australian family farms have a very poor track record in carrying out successful farm succession planning. Research suggests that almost half of existing family farms have not even discussed succession planning with their spouse or their family.

Australian family farms are generally family-owned and the average working age of the farmer at say 52 years of age which is substantially older than the national average for most industries.

blog rruRegional Round-up  is a monthly newsletter providing an overview into the environmental and business conditions affecting farmers and rural businesses in the Goulburn Valley and North East Victoria.

Call 1300 834 775 to find out what assistance we may be able to provide you, or make an appointment with one of our experienced Rural Financial Counsellors.

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Contact Us

Rural Financial Counselling Service Victoria - North East.

Unit 1, Enterprise House

3 Stanley Street

Wodonga VIC 3689

PHONE: 1300 834 775

EMAIL: info@rfcsvicne.org.au

FAX: (02) 6100 6123