Volatility in dairy presents tax opportunity

With the release of the 2017 National Standard Cost (NSC) values for livestock, advisory firm Crowe Horwath says ongoing volatility in the dairy cattle market presents both opportunity and risk in the tax structures for New Zealand’s farmers. Tony Marshall, tax advisory partner in the company’s Dunedin office, also says the gap between the two … Continue reading “Volatility in dairy presents tax opportunity”

New Zealand bloodstock – A victim of its own success

The record turnout for last week’s New Zealand Bloodstock’s (NZB) Ready to Run Sale at Karaka shows our bloodstock industry is still punching well above its weight says Crowe Horwath’s bloodstock specialist Hayden Dillon. As interest from Australian and Asian buyers continues to grow, the sale saw a record number of entries with 552 horses … Continue reading “New Zealand bloodstock – A victim of its own success”

Farmers need to be vigilant around fixed rate mortgages

Market commentators are indicating with 80% certainty the Reserve Bank of New Zealand will lower the official cash rate by 25 basis points next month and then it will begin to stabilise. This is leading many rural borrowers to consider if now is the time to be looking at fixing rates. Head of Corporate Agribusiness … Continue reading “Farmers need to be vigilant around fixed rate mortgages”

Farmers need to be bank ready

With the dairy pay out remaining stubbornly low and equity positions becoming more precarious many farmers are seeing more of their bank manager, according to Crowe Horwath’s head of corporate agribusiness, Hayden Dillon. Dillon is quick to point out that this increased level of contact isn’t always a bad thing and proactive discussions between banker … Continue reading “Farmers need to be bank ready”

Positive outlook for the New Zealand wine industry with a strong 2016 vintage

As the New Zealand wine industry continues to strengthen, the demand for exports has continued to grow. Alistair King, Crowe Horwath’s viticulture specialist says the outlook for the New Zealand wine industry is looking positive, especially with a strong 2016 Vintage. ‘After a small 2015 vintage, grower and producers are positively looking forward with strong … Continue reading “Positive outlook for the New Zealand wine industry with a strong 2016 vintage”

Agribusiness needs to budget for volatility

While volatility in business is to be expected, many of New Zealand’s primary producers have experienced a bumpy ride in recent years. Increased volatility driven by to swings in international commodity prices and the value of the NZ dollar is now the new normal according to professional services firm Crowe Horwath. In this context, Crowe … Continue reading “Agribusiness needs to budget for volatility”

Dairy: In a tough year, farmers can optimise tax through preferential livestock valuation

With this years continued convergence of values between the Herd Scheme Value and National Standard Cost for Dairy Cattle, professional services firm Crowe Horwath says farmers are presented with an opportunity to review their livestock valuation methods and optimise their operations for tax efficiency. That’s according to Tony Marshall, agri tax specialist who points out … Continue reading “Dairy: In a tough year, farmers can optimise tax through preferential livestock valuation”

Advisory boards can offer guidance for farmers during a period of uncertainty

As the agricultural sector grapples with high levels of dairy debt and increased volatility, Crowe Horwath’s head of agribusiness, Neil McAra, says farmers need to look at getting sound governance support. McAra is a strong advocate for advisory boards which can assist farmers with the ability to make better decisions and can help improve business … Continue reading “Advisory boards can offer guidance for farmers during a period of uncertainty”

“Safely.nz” app targets better farm health and safety without the hassle

With the launch of a new app specifically tailored for New Zealand’s farms, professional services firm Crowe Horwath is making it easier and more convenient to institute sound health and safety practices in rural workplaces. Dubbed ‘Safely.nz’, the app is the result of a partnership between Crowe Horwath’s Human Resources division, Progressive Consulting, and developer … Continue reading ““Safely.nz” app targets better farm health and safety without the hassle”

Analysis system helping farmers

Strong beef prices are driving returns for farm business that have improved for the second year running. That’s according to accounting and business advisory firm Crowe Horwath, which has released the results of its annual farm benchmarking analysis ” and, despite challenges, it anticipates another strong performance for Hawke’s Bay agribusiness in 2016. The Crowe … Continue reading “Analysis system helping farmers”