Skip to content
Agriculture Farming Rural, Education Training

Rabobank farm financial skills workshops coming to Bendigo and Shepparton

Rabobank 3 mins read
Rabobank regional manager for Riverina and Northern Victoria, Sally Bull.

Farmers in the Bendigo and Shepparton districts have the opportunity to expand their knowledge, free of charge, at a series of Rabo Client Council workshops designed to help provide the financial skills critical to managing an agricultural enterprise.

 

The practical Financial Skills Workshops – providing farmers with an opportunity to both upskill and network – will be held in late May.

 

The initiative has been spearheaded and funded by food and agribusiness banking specialist Rabobank’s Rabo Client Council, a group of the bank’s farming clients who volunteer their time implementing programs that contribute to the sustainability of rural and regional communities.

 

These complimentary, interactive workshops provide practical, hands-on advice for understanding financial statements and banking requirements and explore topics such as taxation versus management accounting, essential business management ratios and understanding key components of a business’s financial profile.

 

Riverina and Northern Victorian Rabo Client Council member and Kaarimba-based dairy farmer Monique Bryant said “financial skills play a crucial role for both our current farmers and the next generation entering the agricultural sector”.

 

Ms Bryant said the workshops aim to close the gap between farming expertise and financial knowledge.

 

“Although many of our next-generation primary producers may be highly educated, or have extensive on-farm experience, navigating the intricacies of financial reporting and banking requirements is often unfamiliar to them, which is precisely why these workshops addressing these topics are incredibly valuable,” she said.

 

Ms Bryant said the workshop content would consider cash flow implications of a variety of farming operations and there will also be a focus on preparing annual cash flow budgets.

 

“These workshops are tailored to accommodate couples and family members attending together. They present a great opportunity for farmers to take a break from their business, absorb the same information and cultivate a collective understanding of financial reporting. By learning together, they can strengthen their financial acumen as a team,” she said.

 

Ms Bryant said Rabobank’s Rabo Client Council network was focussed on developing meaningful grassroots initiatives to support key themes focusing on agri education, rural wellbeing, sustainability, adaption and creating rural/urban connections.

 

“By empowering farmers with the expertise to effectively utilise financial reporting and navigate banking processes, the Financial Skills Workshops contribute to bolstering the resilience and prosperity of local farming businesses,” she said. “Consequently, our rural and regional communities also benefit from a financially-healthy farming sector.”

 

Rabobank regional manager for Riverina and Northern Victoria, Sally Bull said farmers who had attended previous Rabobank Financial Skills Workshops have told the bank the information provided is real and valuable – “practical knowledge that they can readily apply to their farming enterprises”.

 

“Since their inception in 2018, the Rabo Client Councils have extended this valuable learning opportunity to over 4,340 farmers across Australia and New Zealand,” she said.

 

“If you’re interested in attending these workshops, keen to meet other leading farmers in the agri sector and increase your financial literacy and skills, confirm your place before the courses are fully allocated.”

 

The workshops – which will be limited to 30 participants each and are not restricted to the bank’s clients – will be presented by director of Hudson Facilitation, Tony Hudson.

 

Workshop dates and locations are:

  • Tuesday, 28 May 2024 – 8:30am – 3:30pm – Bendigo
  • Wednesday, 29 May 2024 – 8:30am – 3:30pm – Shepparton

 

To register to participate, please visit the Rabobank Australia website, or click here 

Morning tea and lunch catering will be provided.

 

 <ends>

 

Media contacts:

Denise Shaw                                                    Will Banks     

Media Relations                                               Media Relations

Rabobank Australia & New Zealand                Rabobank Australia  

Phone:  02 8115 2744 or 0439 603 525          Phone: 0418 216 103

Email: denise.shaw@rabobank.com               Email: will.banks@rabobank.com


About us:

 

Rabobank Australia & New Zealand Group is a part of the international Rabobank Group, the world’s leading specialist in food and agribusiness banking. Rabobank has more than 120 years’ experience providing customised banking and finance solutions to businesses involved in all aspects of food and agribusiness. Rabobank is structured as a cooperative and operates in 38 countries, servicing the needs of more than nine million clients worldwide through a network of more than 1000 offices and branches. Rabobank Australia & New Zealand Group is one of Australasia’s leading agricultural lenders and a significant provider of business and corporate banking and financial services to the region’s food and agribusiness sector. The bank has 90 branches throughout Australia and New Zealand.

Media

More from this category

  • Agriculture Farming Rural, Business Company News
  • 24/05/2024
  • 15:30
AWU

Tully Mill Under Pressure from Work Bans

Tully Mill is feeling the pressure as workers initiate industrial action, disrupting the preparation for the mill’s most profitable season. Workers at Tully mill have begun actioning work bans on operating heavy-duty equipment involving high-risk tickets, the use of keys (including locks for doors, vehicles, personal isolation locks and electronic swipe keys) and using computers to document work. Workers performed these bans for two days this week and have two more periods of bans planned next week. AWU Queensland Branch Secretary Stacey Schinnerl said that the scale and duration of the Tully industrial action is flexible and will be determined…

  • Education Training, Government QLD
  • 24/05/2024
  • 15:28
Independent Tertiary Education Council Australia (ITECA)

Queensland Government Skills Strategy Right For Townsville

The Queensland Government’s new skills strategy will help address skills shortages across the Townsville region according to the Independent Tertiary Education Council Australia (ITECA), the peak body representing independent skills training, higher education, and international education providers. At a key meeting of skills training sector stakeholders in Townsville yesterday (23 May 2024) the ITECA Chief Executive, Troy Williams, spoke about the importance of the new strategy. “The 2024-28 Queensland Skills Strategy certainly sets a clear direction to ensure that Townsville, and Queensland more broadly, has the skilled workers it needs now and into the future, while providing a modern, responsive,…

  • Contains:
  • Agriculture Farming Rural, Employment Relations
  • 24/05/2024
  • 07:51
AWU

Wilmar Strikes Escalate

AWU members at Wilmar Sugar are escalating their industrial action at the beleaguered sugar giant’s North Queensland mills after another unproductive bargaining meeting on Wednesday. Workers attended a bargaining meeting with Wilmar on Wednesday in the hope of reaching a fair pay rise that reflected their worth and the company’s massive profits. AWU Northern District Secretary Jim Wilson said that workers are bargaining with Wilmar in good faith. “Unfortunately, after arriving to the bargaining meeting over an hour late, Wilmar has still not budged on their bad offer, only offering fractional movements on conditions and no change to the pay…

Media Outreach made fast, easy, simple.

Feature your press release on Medianet's News Hub every time you distribute with Medianet. Pay per release or save with a subscription.