New Victorian Wine Strategy – Do you have an interest in wine?

The Victorian Government and the wine industry are co-designing a new strategy funded by the 2023-2024 State Budget. Over two years, stakeholders can shape the Victorian Wine Strategy through forums and submissions. Agriculture Victoria's engagement paper invites input on industry issues and opportunities until Sept 1, 2024.

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Family Farm Transfer Exemption – Transferring the Family Farm to related Parties

Farmland is often the single most valuable asset for a farming family. The farm provides a base from which to operate the farming business and the capital value of the farmland typically increases in value over the long term.

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Victorian Farmers, will changes to retail leasing apply to you?

In some circumstances farm leases will be outside the scope of The Retail Leases Act (Act) following a determination by the Minister for Small Business, exempting farm leases from the Act, effective from 29 October 2019.

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Agribusiness, Governance, Corporate Advisory Alasdair Woodford Agribusiness, Governance, Corporate Advisory Alasdair Woodford

Directors should consider climate change risks

‘Climate-related risks’ have moved from a corporate buzzword to an actionable obligation for company directors, who should consider these risks in the context of their organisation and understand that a failure to act with regards to a climate-related risk can result in a contravention of the Corporations Act 2001 (Cth)  (Act).

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Agribusiness, Small Business Harwood Andrews Agribusiness, Small Business Harwood Andrews

Crowd-sourced equity funding: First steps

Equity crowd funding has taken some first, tentative practical steps.  The new crowd-sourced funding (CSF) regime that started at the end of October 2017 - designed to reduce costs and red-tape for start-ups and SMEs looking to raise capital from a large number of small investors – is still being tweaked, as proprietary companies were excluded from eligibility.  This will be rectified with a bill currently before the Parliament. 

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Agribusiness, Tax Vittoria De Stefano Agribusiness, Tax Vittoria De Stefano

Wine Equalisation Tax Rebate

In light of the 2016-2017 Federal Budget handed down on 3 May, participants in the wine industry have expressed significant concerns regarding the Federal Government’s proposal to reform the Wine Equalisation Tax Rebate (WET Rebate) and the related eligibility criteria.

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