Australian Beef Report 2023

Articles & Publications
We are pleased to announce the release of the 2023 Australian Beef Report. Understanding, and identifying ways to improve, the financial and production performance of family-owned beef businesses in Australia is essential for profit focused producers, industry service professionals, and other industry stakeholders alike. The 2023 version of the triennial Australian Beef Report comes off the back of three years of exceptional markets and seasonal conditions across much of Australia and combined with the 2017 and 2020 reports provides the best long-term picture of beef business performance available. There are three important components of the 2023 Australian Beef Report Pastoral Panel chapter The Pastoral Panel chapter was a popular feature in the 2020 edition and again captures the intellectual capital of wise heads in the industry, providing insights into how…
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Top Studs 2023

Articles & Publications
We have recently added Top Studs to the Bush AgriBusiness stable of high-quality, independent publications.The Managing for Herd Fertility and Profitability chapter in the Australian Beef Report and Top Studs have been prepared separately, but are complementary and there is value in reading both publications together. There is the opportunity to combine Top Studs with your 2023 Australian Beef Report purchase to receive a $49 discount. More information on the 2023 Australian Beef Report can be found here.In this article featured in Beef Central, Ian explains why choosing where to source bulls is one of the most important decisions commercial breeding businesses make and how Top Studs is designed to help.To buy your copy or to find out more, head to the Top Studs page on our website.
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What are Bush AgriBusiness producer groups all about?

Articles & Publications
At Bush AgriBusiness, we work with a number of producer groups of between 5-8 family businesses. The types of businesses in a group range from commercial breeding to seedstock producers to those running a feedlot operation.Most of our producer groups are located within a region and meet 3-4 times a year, primarily at each other’s properties. We also conduct one group benchmarking meeting per year which is where we really unpack the business performance and allow for some frank and honest conversions about “the story behind the numbers” and how they can be used to inform business decisions.When you become a member of one of our groups, you join a mini-community of like-minded peers who share their experiences and knowledge to help each other succeed. Our group members have access…
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Business EDGE follow-up and dates for the remainder of 2023

Articles & Publications
Are you lacking the motivation to unpack the numbers in your business? Do you need to brush up on your financial skills? Would you like a refresher on some of the key metrics you can use to measure business performance? If you answered yes to any of these questions, then consider attending a Business EDGE workshop! We have just two Business EDGE workshops remaining in 2023. Brisbane, November 29-30 Biloela, December 5-6 Business EDGE workshops are a two-day workshop focussed on understanding the ‘business side’ of your operation. We cover everything from economic sustainability and acquiring financial literacy, to measuring whole business and herd performance, and everything in between. If you have previously completed a Business EDGE workshop, we now invite you to book a check-in to discuss any assistance…
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Staff Update: Bush Agribusiness Team of 2023

Staff Update: Bush Agribusiness Team of 2023

Opinion Pieces
We are thrilled to be welcoming Simone Parker to our permeant team at Bush Agribusiness.  Simone has previously moonlighted for us delivering Business Edge workshops and speaking at events and helping clients with planning and strategy.  Her role at Bush Agribusiness will encompass many facets including working with family boards, succession planning and group facilitation.  Simone brings extensive knowledge of the northern pastoral industry, having worked in extension, training and NRM roles across Queensland and the Northern Territory and is based in central Queensland. Many of you have already had the pleasure of meeting Sally who commenced with us in July last year.  Sally has begun delivering Business Edge and is taking a lead role in a chapter of the soon to be released Australian Beef Report 2023.  Sally will…
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2022 Business Analysis Results

Opinion Pieces
In 2022 we were able to produce our most detailed analysis of client data from ‘The Business Analyser’ to date. There were a couple of reasons behind this, the main one being that Oudam Hunphy, our management accountant, has been able to take our analysis to another level. Having a dedicated person to lead our data analysis has added greatly to our capacity. Going forward Oudam, and the whole team, will be working to further improve the analysis, to make it easier for you to provide the data necessary and get the most value out of the analysis we do.The second reason is that the volume of client data we have has grown over time, allowing more robust analyses to be conducted. In 2022, our client base managed $1.1 billion…
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Business Edge Workshops in 2023

Opinion Pieces
Bush AgriBusiness has Business EDGE workshops scheduled across Queensland in 2023. The full list of dates and locations can be found below.  We started off with a successful Townsville Young Guns workshop in early March and will be in St George at the end of the month. Midway through the year, we will head to Barcaldine and Emerald. Finally, in November Brisbane will play host to another Young Guns event and the final Business EDGE workshop for the year will be held in Biloela on December 5th and 6th.St George, March 23-24Barcaldine, June 5-6Emerald, June 8-9*Brisbane, November 29-30Biloela, December 5-6*Business EDGE Young Guns workshops are for up-and-coming livestock producers who are ready to build their skills and confidence to manage a modern agricultural business.Business EDGE is a two-day financial literacy…
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All models are wrong, some are useful!

Opinion Pieces
This astute aphorism is attributed to George Box, a British statistician of the twentieth century. It is something that any of us who perform modelling or longer-term budgeting should keep in mind. A phone call from a beef producer to discuss recent extension messages on herd fertility reminded me of the quote. The producer was attending an event where one of the key messages being delivered was that it was not economical to pursue improved fertility via genetics in northern beef herds. This surprised her as it was contrary to her own experience, most other extension messages and the findings from our analyses over time. The messages were from a Qld Dept. of Agriculture and Fisheries report on preparing for, responding to, and recovering from drought. This specific report was…
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Custom Report Within Xero

Opinion Pieces
Businesses typically set up accounting software mainly for tax purposes, which is perfectly fine. However, at times, different formats of Income (Profit and Loss) Statements are needed for other purposes, such as for internal performance review, submission to banks, or other analysis. We see business owners often export existing reports and attempt to cut and paste them to suit their needs. While it is acceptable to do so for a one-off report, time is a scarce resource which could be better spent on income-generating activities or ensuring smooth business operations.Luckily there is a way to optimize the process. Continue reading
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Inaugural Leading Managers Forum

Opinion Pieces
The Bush AgriBusiness team are putting the finishing touches to the inaugural Leading Managers Forum. This unique opportunity is open to Bush AgriBusiness clients only and has been developed as a result of client demand to provide knowledge and skills on business management to emerging grazing business managers.  Our objective is for each participant to build their skills and confidence, strengthen their networks and create a personalised development plan to reach their full potential as managers in the business and leaders in the industry. The Forum will run over three full days on the 29th, 30th and 31st of March 2023 in Brisbane. Continue reading
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