Back to basics banking strategy for nab sends a warning to borrowers
Ten ways to turn farm debt into farm profit – Hint 8 profiting from bad bank behaviour
Seasonal factors in debt Many Australian farmers have at times been crippled by the impact of bad seasons or prices […]
ten ways to turn farm debt into farm profit Hint No 7 Record all that the bank does
Watch and record for future reference anything the bank does that you think is not in your interest or is […]
Ten ways to turn farm debt into farm profit – Hint 6 – Make extra loan repayments
Make extra loan repayments whenever you can. Sometimes you may be able to make double or triple regular repayments for […]
Ten ways to turn farm debt into profit – Hint 5
Many people put a lot of time and effort into applying for and securing loans. Then they receive an offer, […]
Ten ways to turn farm debt into farm profit – Hint No 5 monitor the loan
Once your loan has been received, monitor every change in the debt yourself. You need to know at least as […]
Turning farm debt into farm profit – Hint 4 Read the document !!
Hint No 4 – read and understand every word in your loan document I am sorry for the week long […]
10 ways to turn farm debt into farm profit. Hint No 3 Only borrow for capital expenditure on assets
When I was a young trainee Chartered Accountant of 19 we had no money in my family, widowed mother and […]
10 ways to turn farm debt into farm profit Hint 2 Borrow for running costs
Don’t borrow for day-to-day running costs For farm debt to produce a profit it is generally better to fund operational […]
10 ways to turn farm debt into profit Hint No 1 –
Note: everyone’s circumstances are different. These are just general hints. To check what is good for you please consult your […]
Have you got a beef with your Bank?
Farmers all over Australia carry substantial debt along with their livestock and crops. Often it comes from buying the farm […]