Riverine Plains project and finance officer Kate Coffey said the workshops were part of a series of events aimed to improve the access of young farmers to better understand business and agronomic information in the Riverine Plains region.
The program has been developed in partnership with Anna Dye, who farms with her family at Corowa.
“In many family farming partnerships the younger generation are taking on greater roles within the farming business, although they may not have as much practical experience in the financial management side of things,” Mrs Coffey said.
“Financial literacy is a really important part of successful farm businesses, so these workshops will help participants better understand what goes into preparing the key financial documents of a business, as well as legislation and regulation requirements.”
The workshops will cover farm business principles, including paddock records and understanding financial statements, as well as how financial management can be made more efficient.
“Having good records is essential to understanding individual farm businesses and helps farmers develop effective plans to improve their profitability, so the workshops will also involve a run-through of different software options for recording financial and agronomic information,” Mrs Coffey said.
The first workshop will be held from 1 pm to 5 pm on Thursday, March 19, at the Riverine Plains office, Melbourne St, Mulwala, while the second workshop will be held from 10.30 am to 4.30 pm on Thursday, March 26, at the Balldale Recreation Reserve.
The workshops are free and farmers aged 18 to 40, who are farming in NSW are invited to attend.
● For more information, or to register, phone Kate Coffey on 5744 1713 or email: kate@riverineplains.org.au
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