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Read the latest news and resources

Aging livestock – how does it work?

All livestock are assumed to age-up at the end of the financial year – an R1 steer becomes an R2 steer and a ewe hogget becomes a 2th ewe. This article explains the reason why all livestock age up, gives examples and lets you know some handy tips to make…

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Technology adds to bottom line

Technology is evolving at a rapid pace and farmers who can adapt and take advantage of new technology solutions to help drive decision making will likely gain a market advantage. The Business of Farming event, organised and run by ANZ, recently highlighted the technology opportunity for red meat farming. The…

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Habits of top performing red meat farmers

What sets top performing farmers apart from the rest of the pack? Top farmers have many common traits, one of them being that they are generally good financial managers. Speaking at the Business of Farming event, organised and run by ANZ, Agri Regional Manager Sean Stafford spoke about the habits of…

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Efficiency boost #3: Scan my Bills

COMING SOON TO ALL ONLINE CUSTOMERS Save time and boost productivity with our latest innovation, Scan my Bills. This feature is an automated invoice scanning and document storage service, giving you and your clients accurate records every time. A paperless office is now one step closer with Scan My Bills….

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Building towards farm ownership

Northland sharemilkers Briar and Tony Lunjevich are focused on building equity and heading towards their ultimate goal of farm ownership. Farming at Kaitaia on Tony’s family property, they milk 320 cows and milk once a day on the 130 hectare (effective) farm. “We hope to become farm owners and building…

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Financial monitoring made easy

Cashmanager RURAL online gives Westpac senior agribusiness manager, Shaun Crofskey, the ability to get a real time view of how his clients are tracking, at any time. Shaun’s first introduction to the product was about 12 years ago when he and his wife purchased their own property. “As a result…

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Farm Succession – Getting Started

Farm succession is something that affects every farm owner, at some point. Chances are your farm is your biggest asset. Many farmers have spent years building up and improving their property, in the hope it will stay in the family and be passed on to the next generation. The most…

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Can you influence your interest rate?

Farmers are legends at shopping around for the lowest price for inputs.  Not surprising really, in that they are price takers for what they produce. They also shop around for the lowest interest rate, but most expect the bank to do all the moving.  The reality is that, even from…

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EFS report – It’s the big picture view of performance and profitability in Cashmanager RURAL

The Performance Summary report (EFS) is a great tool for measuring the performance and profitability of your farm business. It does this using actual, budget or revised (a combination of actual plus budget) figures. Pongaroa sheep and beef farmer and farm consultant, Rachel Joblin, says the EFS report is her…

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Cashmanager aids farm succession

Cashmanager RURAL is helping Lisa Marcroft’s family capture farm business information in one central place, where everyone can access it, as they start the farm succession process. The 1500 acre family farm is located at Te Akau, Waikato. A dry stock property, it is run as a breeding unit and…

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