DAFF Professional Advice & Planning Grant
These grants are funded by the Department of Agriculture, Fisheries & Forestry (DAFF) and administered by Centrelink. Funds of $5,500 in $1,100 parcels are available to help farm enterprises with planning and decision making processes to develop business plans which may incorporate drought & risk management strategies. More specifically, grants are available through DAFF for farmers in conjunction with their accountants and agronomists who are registered with a professional body to perform any or all of the following (where applicable):
- To fund Exceptional Circumstances (RFC) Interest Rate Subsidy initial viability assessment (WPA can complete if not already done so)
- Fund an independent review of you farming business;
- Help you plan to manage your business in times of drought or other challenging circumstances;
- Assist you to plan to maintain or increase the productivity or profitability of your farm business
- Provide financial & agronomic/production advice
- Prepare a Drought Management Plan
- Prepare a Farm Risk Management Plan
- Prepare a Farm Business Plan
- Comprehensive report on your farms key profit and productivity indicators
Eligibility Criteria
1. Must be farming in an EC Area
2. Must have been farming for at least 2 years
3. Your Off Farm Net Assets less than $750,000 (threshold up to 30/9/2008)
4. There is one Grant per farm enterprise
5. You must contribute at least 75% of labour to the farming
enterprise
6. You must earn at least 50% of your income from a farming enterprise
What we can offer
Watts Price Accountants has developed a Strategic Farm Business Plan (SFBP) template after lengthy research and development that is specifically designed to help you access this free grant.
Our firm has specialised in Farm Taxation and Management Reporting for 40 plus years. The last 18 years WPA is the only Wimmera firm to provide ongoing reporting system on Wimmera Cropping Benchmarks that show which indicators to focus on farm profit and productivity improvement.
If you want to access free farm planning advice via this grant then let our expert team of professionals guide you through the process.
Contact our office now for further information on this exciting and completely free grant of $5,500. For further information please ask for Richard Kemp (Practice Manager) or one of our partners.
Ph: (03) 5382 3001 | Fax: (03) 5381 1357 | Email: mail@wattsprice.com.au
Additional DAFF Grant Information
Click here to download more information on the DAFF Grant
"The Farm Benchmarking service provided to our business by Watts Price Accountants of Horsham is in our case a highly valuable tool. It allows our grain growing operation to view it’s productivity at a glance against the trends of our local area.
The documentation, and explanation of this data gathered by Watts Price is presented in a professional and easy to understand formation an annual basis, generally at an evening seminar run by their team. Congratulations to Brian on a product that fits the ‘farming jigsaw’ together and keeps us on our toes. "
Craig Schodde (Wheatfields - Murtoa)
