In the latest episode of the Wealth & Wisdom Podcast, we're digging into the turbulent world of the beef market with Matt Dalgleish, a seasoned agricultural market analyst who knows his way around livestock, grain, and wool data. Coming off a brutal year for beef producers in 2023 - with skyrocketing interest rates, soaring inflation, and plunging beef prices - the industry is on edge, and everyone wants to know what's next.

Matt breaks down what caused the perfect storm that hit beef producers hard. Was it a classic market crash, or just a blip in the larger economic cycle? He also gives us his thoughts on whether the worst of the volatility is behind us or if we should brace for more market turbulence.

With inflation and interest rates looming over every aspect of the economy, Matt pulls out his crystal ball to share what he sees on the horizon. Is the worst over, or is the beef industry in for another wild ride? If you're involved in agriculture or just curious about the state of the market, you won't want to miss this conversation.

Tune in to get Matt's take on these pressing questions and more, as we unpack what went wrong, where we're at now, and what's in store for beef producers. If you enjoy the episode, help us reach more families on the land by leaving a review on Apple Podcasts or Spotify. It not only boosts the show's reach but also brings a smile to our faces.

So, buckle up and listen in for a deep dive into the beef market with a self-confessed "market nerd" who's got the expertise to guide us through the ups and downs.

PS - Did you know.... we recently rated in the Top 5 of Australian Agriculture podcasts on FeedSpot?! 🎉🤩

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/

Notice anything different?....

The Financial Bloke Podcast has had a small facelift and is now called The AgriCoach Podcast! Everything else remains the same, the new name is just more aligned to what we do 🤩

And so, back to business...

In this episode of the Wealth & Wisdom podcast, we embark on a journey into the realm of animal biotechnology, a field poised to revolutionise livestock production as we know it. Picture this: bulls siring calves with no genetic resemblance to themselves. Sounds like science fiction, right? But it’s happening, and it's just the tip of the iceberg.

I had the pleasure of sitting down with Professor Alison Van Eenennaam, a leading figure in animal genomics and biotechnology. From discussing the essence of animal biotechnology to unravelling mind-boggling projects like "switching an animal’s balls", our conversation is nothing short of eye-opening.

So, what exactly is animal biotechnology, and what does it entail? Alison breaks it down for us, shedding light on the groundbreaking work researchers like herself are undertaking. But it doesn't stop there. We delve into the most captivating projects on Alison's radar, from male calves in the dairy industry to the removal of the horned gene, and the potential ethical and regulatory implications.

This episode is a testament to the boundless possibilities of biotechnology and the individuals driving its transformative power. So, buckle up and prepare to journey into the future of livestock production like never before.

PS - Did you know.... we recently rated in the Top 5 of Australian Agriculture podcasts on FeedSpot?! 🎉🤩

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/

Welcome back to the Wealth & Wisdom Podcast, where we dive into the intricacies of tax planning with Russell Strack.
Whether you've faced adversity in 2023 or enjoyed a profitable year, navigating tax obligations smartly is crucial. Russell shares insights on seizing opportunities for tax planning and optimising returns, especially in challenging times.
We'll explore questions such as what tax planning entails, whether procrastination until the last week of June is wise, and if minimising tax payments should always be the goal.
Additionally, we'll delve into strategies like FMDs, superannuation, forced sales, and bucket companies, weighing up their pros and cons.
And for those who've endured lean years, Russell discusses leveraging tough financial periods to one's advantage.
Tune in for actionable advice and expert insights to optimise your financial strategy this fiscal year!

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/

Welcome to an inspiring journey of resilience and determination with our guest, Alice Mabin. From overcoming addiction and adversity to founding AgriShots, Alice's story is a testament to the power of grit and passion.

In a world where challenges are inevitable, Alice's unwavering spirit and refusal to accept limitations inspire us to push boundaries and pursue our dreams relentlessly. From facing rejection to building a thriving business, her journey is a reminder that obstacles are merely stepping stones to success.

Throughout our conversation, we explore pivotal moments in Alice's life, discovering how she found strength in the face of adversity. We also uncover her unique approach to risk-taking and how reframing failure can lead to unparalleled growth and innovation.

Furthermore, we unravel the mission behind AgriShots and how it's revolutionising the agricultural industry with authentic visual storytelling. Alice shares insights into AgriShots’ vision and its role in showcasing the remarkable opportunities within the agricultural sector.

Join us as we uncover the secrets to harnessing drive, vision, and unwavering determination with Alice Mabin. Don't miss out on this captivating episode of resilience and triumph!

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/

Join us as we dive into the vital aspect of family dynamics in business success. Just like a tractor with an oil leak, familial misalignment can wreak havoc on a business, often with catastrophic consequences. With guest Jill Rigney, founding director of The Right Mind, Ben explores the intertwined nature of financial and familial strength, asserting that prosperity in one is nearly impossible without the other.

In the episode, Ben & Jill uncover the pivotal role of family connections in business resilience. Jill, a seasoned expert in navigating complex family dynamics within the agricultural community, delves deep into the crucial link between communication and connection. Together, Ben & Jill uncover the significance of self-awareness and courage in fostering familial harmony, especially during times of stress.

Jill shares invaluable advice and insights, leaving listeners with actionable steps to strengthen both their family and business units. Tune in to unlock the secrets of bolstering your business through familial unity and connection!

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/

Tune in to the latest episode of The Financial Bloke's Wealth & Wisdom podcast for a fresh take on family succession planning.

Join host Ben Law as he shares the insightful recording of the recent Beef 2024 Next Gen webinar focused on empowering young individuals to navigate the intricate world of succession planning. Featuring esteemed panellists Ruth Corrigan, a seasoned 5th Generation Beef Producer, and Jeremy Hutchings, the distinguished Head Coach and Managing Director of Farm Owners Academy, this episode is packed with invaluable wisdom and practical advice.

In this dynamic conversation, discover the surprising statistics behind the failures of succession plans and gain crucial insights into the key factors essential for securing your family's future success. Whether you're a budding entrepreneur or an aspiring leader within a family business, this episode equips you with the essential knowledge and strategies to position yourself for a seamless transition into the next generation.

Don't miss out on this compelling episode filled with actionable tips and real-world perspectives. Join us as we delve deep into the heart of succession planning and empower the next generation of leaders to thrive!

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/

Join Ben today on a journey into the heart of family dynamics with communication expert Katie Godden, on this episode of The Financial Blokes Wealth & Wisdom Podcast. Ben and Katie delve into the often-overlooked yet critical role communication plays in the success — or downfall — of family enterprises.

Ben and Katie explore the reasons why effective communication is essential for maintaining familial harmony and multi-generational prosperity. They debunk common myths about communication within families and share practical strategies for fostering better understanding and connection.

But it doesn't stop there. Katie unveils the hidden world of self-communication and its profound impact on our external relationships.

As the episode unfolds, listeners are treated to invaluable and actionable tips for navigating the intricate web of family communication dynamics. From fostering self-awareness to embracing continuous growth, Ben and Katie leave no stone unturned in their quest to empower listeners with the tools they need to thrive.

Ready to revolutionize your family communication? Tune in now to embark on a transformative journey with Ben and Katie. And don't forget to explore Katie's wealth of resources online to dive even deeper into the world of effective communication.

To learn more about Katie, visit:

https://www.pinkdiamondinstitute.com.au/

Or find her on facebook at:

https://www.facebook.com/katie.law.5059

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/

Welcome back to The Financial Bloke’s Wealth & Wisdom podcast! Today, we're diving into the mysterious world of marketing, demystifying it for agribusiness owners who find themselves lost in the digital wilderness. As a rural producer, you've likely encountered the challenge of mastering things like websites, Facebook, Instagram, and Google Ads — tools that can either drain your resources or catapult your agribusiness into growth if wielded correctly.

Our guest, Brendan McDonald, Director of CoBright Marketing, with over 30 years of marketing experience, is here to guide us through Marketing 101. Brendan, a passionate advocate for agriculture, understands the unique challenges faced by rural businesses. CoBright, a leading agri-business marketing and web design agency, has carved a niche in delivering tailored solutions for businesses seeking growth.

In this episode, Brendan answers the fundamental question: Why should agricultural producers care about and invest in marketing? We unravel the layers of marketing, exploring the power of a unique value proposition, understanding ideal customers, and aligning marketing efforts with strategic business goals. Brendan also shares practical insights into the marketing process, emphasizing the importance of going beyond a mere online presence.

We also discuss the evolving landscape of marketing in agriculture, highlighting a crucial aspect often overlooked—the role of social media in attracting skilled farm managers and workers. With the agricultural sector facing a shortage of qualified personnel, leveraging social media platforms like Facebook and Instagram becomes pivotal in reaching and engaging potential employees.

AND... as a special bonus just for our listeners, Brendan has also kindly offered some free marketing resources! To access these resources visit https://cobright.au/thefinancialbloke.

Tune in to this episode of Wealth & Wisdom and discover the keys to unlocking the potential of your agricultural business in the digital age.

To learn more about Brendan McDonald and CoBright Marketing, visit https://cobright.au/.

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Ben spent over 20 years working with successful business owners and farming families which allowed him to unearth the timeless principles on how to successfully grow, protect and maintain wealth.

If you want to learn the principles of how to grow your family’s wealth throughout the generations, then you might consider joining The AgriCoach Podcast each fortnight for more Wealth & Wisdom.

Disclaimer: The information contained in this podcast is general in nature and for education purposes only. It is not financial advice. It is not legal advice. No one should act on the information without appropriate specific advice for your particular circumstances. Ben Law is a former financial advisor but is no longer licensed and cannot and will not give you specific or personal advice in this podcast. The Financial Bloke Group Pty Ltd accepts no responsibility for any loss or damage occasioned by any person acting or refraining from action as a result of reliance on the information in this podcast.

https://thefinancialbloke.com.au/