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Farm Tender Daily
Daily 430 - How to reduce your Rates bill
Farm Tender Daily - All the news from Friday, the 23rd of February, 2024.
By Dwain Duxson - Click here to go to the Farmer Tender website.
7 Days to go - Our FarmTender2024 - Entrepreneurs in Farming event is not far away. Click here for more info. See the media release here. Read some of the questions we are going to ask: Danny Thomas, Rob Dawes, Claire Booth, Andrew Weidemann, David Jochinke, John Gladigau, Hayley Grosser, Cassidy Johnston, Jeff McDonald, Broden Holland and Sam Van Assche.
How to reduce your Rates bill - We spoke about the cost of rates recently and how they seem to be rising year on year to a point where they are getting out of control and becoming a major expense.
Pat, who put this together for me, said if you follow this formula, you will give yourself a very good chance of a rate reduction. Pat said he was happy to help out. So, reply email to me with "Rates" in the subject line, and I will send you Pat's email address. Where you can contact him directly. Reply to [email protected]
Follow this formula - Council Rate Objections:
Object in writing to the Council Rates officer before the deadline to objections and ask for written confirmation of your objection.
State your reason for objection in general terms, i.e. in my case, Property is on 6 titles, and increases ranged from 12% to 40%. State the previous year's rates versus current rates in your comparison.
When they reply, ensure that sales comparisons are 'like for like'. In my case, they were using sales figures of smaller acreages with houses and improvements versus Farm Land.
Be prepared to state your case with facts and even ask for a Farm inspection.
Recently, I reduced my rateable value significantly with a rate reduction of just over $6000. Reply to [email protected]
The Farmers Club headlines - Our 3 topics tomorrow are:
1) Becoming a better communicator and working out how people receive information differently.
2) What was your best ever Ute?
3) Building your personal equity and why it’s very important in Ag.
Plus more. Join here for free or email reply “Yes”, and I will add you to the newsletter.
National Cattle prices: EYCI 628 (NC), WYCI 432 (+19), Feeder Steer 335 (-+2), Heavy Steer 284 (+4), Processor Cow 234 (-+2). National Sheep prices: Trade Lamb 624 (-11), Heavy Lamb 650 (+2), Restocker Lamb 514 (-41), Mutton 259 (+48). Goat prices: 180 (NC). All prices are up until Friday, the 23rd of February, and are cents/kg. Ranges are from a week ago. Source MLA.
Today's Trends - Sales trends included Vetch Seed, Utes, Farm Truck, Tipper Trailers, Woolpresses, Mulchers, Bale Feeders, Lift Pumps, Ryegrass Seed, Vetch Hay, Fuel Tank, MAP & Superfect.
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Dwain Duxson
P - 0427 011 900
E - [email protected]
What was listed today.
What was sold today.