Farm Financial Health Check
Do any of these statements apply to you? You would benefit from a chat with a rural financial counsellor.
- I am feeling some level of stress about my financial position
- I have one or more credit cards fully ‘maxed’ out
- I need assistance to prepare my Cash Flow Budget
- I have to prioritise which bills get paid and which can wait
- I currently have one or more outstanding creditor accounts of 60-90 days
- I have applied for a temporary increase to my overdraft limit at least once over the past 2 seasons
- I’ve had a cheque or electronic funds transfer bounce in the past few months
- I have money outstanding to the ATO for more than 60 days.
- I am not completely up to date with employee PAYG tax payments and/or superannuation payments
- My farm has made net losses for 3 out of the past 5 years
- I have one or more interest only loans
- I don’t have any off-farm assets or superannuation
- I am 55 or more years of age and haven’t considered a formal succession, retirement or exit plan