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average farm income

Catalogue: GRDC Factsheets
Machinery in cropping enterprises can be up to 30 per cent of a business's total asset value, land being the other main asset... A business with an average annual farm income of $1 million may plan to spend an average of $80,000 to $140,000 per year on machinery capital replacement... The items can be financed to spread the annual capital cost...
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Catalogue: Ground Cover
Success raises the stakes for maintaining profit.. Figure 1 illustrates a 260 per cent increase in total average annual costs from about $380,000 15 years ago to approximately $1 million now for a sample of farms in the Mallee... Figures 2 and 3 show the trends in average farm profit and costs for the farms in the Wimmera and Mallee from 1997-98 to 2011-2012...
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Catalogue: GRDC Updates
Over the last 10 years farm income per hectare increased about 50 % it is offset by an increase in cost per hectare of crop inputs, machinery and finance... The increase in farm costs, when combined with increased seasonal income volatility, results in tighter financial margins per hectare and increases the complexity of decision making... The ORM data included 14 Victorian Mallee farms and showed that over the last 10 years their income had increased and costs had doubled while the surplus remained similar...
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Catalogue: GRDC Factsheets
Machinery in cropping enterprises can be up to 30 per cent of a business's total asset value, land being the other main asset... A business with an average annual farm income of $1 million may plan to spend an average of $80,000 to $140,000 per year on machinery capital replacement... The items can be financed to spread the annual capital cost...
Related categories:
Catalogue: GRDC Factsheets
Machinery in cropping enterprises can be up to 30 per cent of a business's total asset value, land being the other main asset... A business with an average annual farm income of $1 million may plan to spend an average of $80,000 to $140,000 per year on machinery capital replacement... The items can be financed to spread the annual capital cost...
Related categories:
Catalogue: GRDC Factsheets
Machinery in cropping enterprises can be up to 30 per cent of a business's total asset value, land being the other main asset... A business with an average annual farm income of $1 million may plan to spend an average of $80,000 to $140,000 per year on machinery capital replacement... The items can be financed to spread the annual capital cost...
Related categories: