THE most comprehensive report ever compiled on the financial health of the Australian beef production sector reveals that virtually all of the industry profit at family enterprise level is produced by the top 25 percent of producers.
Two of Australia’s most respected agribusiness consultants, Phil Holmes (Holmes & Associates) and Ian Mclean (Bush Agribusiness), will launch a major analysis of the financial performance of the industry via a webinar on Beef Central at lunchtime today.
Both are well known across the Australian beef industry landscape through their delivery of financial management programs such as Business Edge. The pair co-authored MLA’s widely acknowledged and frequently quoted 2013 Northern Beef Report.
Their new self-published report, titled “The Australian Beef Report,” takes the analysis of the financial health of the production sector to a whole new level.
Based on 12 years of data, the project provides the most comprehensive analysis of the financial and production performance of family-owned beef businesses ever attempted in Australia.
“Phil and I are both concurrently proud and daunted by the outcomes it contains,” co-author Ian McLean said. “While some of the findings are going to upset some readers, that is not our intention. Our intention is to identify what the performance of the industry is, and what can be done to improve it.”
The tagline the authors have developed for the report is ‘Identifying the barriers to profitable beef production’.
Join Ian McLean and Phil Holmes for Today’s webinar, hosted by Beef Central, discussing the outcomes and opportunities contained in the Australian Beef Report.
The webinar will be held for about 45 minutes at lunchtime today Thursday, December 7 (12.30pm Queensland time; 1.30pm NSW & VIC time; 12 Noon NT time).
To register your interest to join the webinar, click here, and log-in details and reminders will be forwarded to you. Registrants will also receive a link to a recorded version of the webinar, for later viewing.