3 Weeks Until Auction Day Shay Woods | 0428 150 332 Andrew McCallum | 0427 581 889 7.79 Hectares | 19.24 Acres (Freehold) AUCTION - ONSITE SATURDAY, 29TH MARCH 2025
*1,865m2 Freehold allotment in Emerald CBD *890m2 of lettable multiple tenancies
Condamine and Balonne Resource Operations Plan
Condamine Balonne Tributaries Zone 3 & Undulla Creek
EXPRESSIONS OF INTEREST
Close Tuesday, 8th April 2025, 5pm
Andrew McCallum | 0427 581 889
Whileitfeelsliketheyearhasjuststarted,manyaccountantsarebeginningtoadvisefarmers,investorsandbusinessownersto bookintaxplanningmeetings.Unfortunatelyoneofthemostpowerfultoolswehavetomitigatetaxisoftenapassingcomment ornotmentionedatall.Thistoolcanpotentiallysaveyouthousandseachyearoffyourtaxableincomeandincertain circumstancescouldbeworthhundredsofthousandsintaxsavings!Thebenefitdoesn'tstopthere,eventheinitialcostofthis toolistaxdeductibleandthiscostisusuallyrecoupedmanytimesoverinthefirstyearoftheschedule!
ATaxDepreciationSchedule(TDS),isamustdoforanypropertyowner,beitaninvestmentproperty,commercialorrural propertyutilisedforbusinesspurposes.
WhileI'mnotanaccountantandindependent,specialisedadviceshouldalwaysbesought-aTaxDepreciationScheduleis typicallycompletedpostapropertysale(thiscanevenbeasalebetweenrelatedparties).Thescheduleofdepreciationcanbe utilised(frontloadedorlevelspread),tosuityourfinancialneedsandyourinvestmentstrategyforthatspecificasset(shortterm purchaseorlongtermhold) ATaxDepreciationSchedulecanbecompletedyearsaftertheinitialpurchaseandcanevenbe completedprepurchasetohelpsupportthebudgetedtaxbenefitsofaparticularpropertypurchase
AtHTWourteamcomprisesourlocalvaluerswhoinspecttheproperty,groundtruththereplacementcostswithrelevanceto theirlocalongroundexperienceofthelocationandthatspecificproperty/improvementtype Thisdataisthensenttoour qualifiedquantitysurveyors,whoareregisteredtaxagentswiththetaxpractitionersboard,whothenprepareandcompletethe schedule.
Sohowdoesitwork-TheIncomeTaxAssessmentAct1997allowsownersofinvestmentpropertiestoclaimannualdeductions fordepreciationoncapitalworks,suchasbuildingsandstructuralimprovements,andcapitalallowancesforitemssuchasplant andequipment,carpet,blinds,hotwatersystem,fencing,landscapingetc
ATaxDepreciationSchedulecanprovidesignificantbenefitsanditiswellworthconfirmingwithyouraccountantthatyou'vehad anindependentreportproduced Arecentexampleofagrazingpropertywhichsoldforapproximately$9min2024provideda $3mtaxbenefitoverthecourseofthescheduleperiodafterhavingaHerronToddWhiteTaxDepreciationScheduleproduced, obviouslyasubstantialsaving.Seeourwebsitehtw.com.auforfurtherinformationandtorequestaquote.
Itisnotonlythosebiggerpurchasesthough.Evenastandardcirca$300,000investment/rentalhousetypicalofthecurrent marketentrypointinDalby/Chinchillawouldseeagood,relativesavingthroughthebenefitofaTaxDepreciationSchedule
ATaxDepreciationScheduleisanessentialtoolforallresidentialproperty,investors,commercialpropertyownersandrural producerslookingtomaximise thebenefitsofowninganincome-generatingproperty.Ifyouareunsureorhaveanyquestions ourteamishappytodiscusstheseservices
Whenweapproachbanksforfundingtopurchasepropertyorotherpurposesonbehalfofclients,wereceivetheinevitable “shoppinglist”ofinformationthat’sneededfromclientsandtheirbusiness.Theamountofinformationrequiredforanapplication canbedauntingifyou’renotpreparedandtherecanbearushtocompileitfromallthedifferentsources.
However,thisinformationisimportanttothebankasitdrivestheirrisksystemsinthebackgroundthatinfluencestheloanpricing thatcanbeoffered.Thebetter,andmoreaccuratethisinformationisthatwecanprovidethebanks,thebettertheresponsewill bethatwereceiveintermsofturnaroundtimeandpricing.Whichbecomesevenmorecompetitiveinabanktenderprocessthat weoffer.
Abanksloanaffordabilityassessmentforprimaryproductionisinvariablycompletedbasedonacashflowprojection,ratherthan simplylookatthemostrecentfinancialyear’sperformance.Thisisduetothevariablenatureofagricashflowsduetoweather, commoditypricing,floods,droughts,etc.,andwidevariationsbetweeneachyear.
Thisiswhyitisimportantthatbankscanrefertoyourhistoricalrecordsoveranumberofyearswhenassessingacashflow If thisinformationisnotavailable,theywillmakeanestimateofyourregionintermsofdailyweightgains,cropyields,andmarket pricing.Yourdatawillhelpproveifyourperformanceandtheprofitabilityofyourenterprise.
Someofthemetricsanddatapointsthatbankslookatwhenassessingyearlyhistoricalinformationagainstcashflowsinclude: Croppingyields,hectaresgrownandpricing; Headofcattlesold,saleweightsandprices; Operatingexpensesandthefluctuationsincategories; Operatingexpensesperbreeder; Calvingandweaningrates; Operatingexpensesperhectareofcropgrown; Feedconversionratesthroughafeedlot; Agoodhabitthatreducesworkloadistorecordcattlenumbers,eachcattlesaleandcroppingresultinacentraldatabaseinan Exceltemplatethat’seasytoupdate Thissavessearchingforsaleyardreportsorkillsheetslateronwhenyou’reinthemiddleof aloanapplication.
SoftwareisalsobecomingmoreandmoresophisticatedthesedayswiththelikesofAgriWebbandAgWorldhelpingcapture farmrecords Mostimportantly,thisdatahelpsyoumakedecisions!Readyaccesstodatacanhelpyoudecideifyouneedto changecropvarietiesorcroptypes,livestockprograms,orevenbreedperformanceovertime,paddockmanagementand design.Betterinformationresultsinbetterdecisionsandfutureplanning.
Andit’samazinghowbettersleepyouhavewhenyouhaveaclearerpicture
Estateandsuccessionplanningmightnotbethefirstthingonyourmindwhenyou’reoutontheland,butifthere’sonething I’velearnedoverthepast35years,it’sthis:waitingtoolongcancostyoueverything I’veworkedwithruralfamilieswho’ve facedtheheartbreakoffamilydisputes,lostbusinesses,andfracturedrelationships allbecausesuccessionplanningwasleft toolate Letmetellyou,theemotionalandfinancialtollisfargreaterthananyupfronteffortyoucouldputintoplanningahead
OneexamplethatstickswithmeistheThompsonfamily TheyownedasuccessfulfarmincentralNewSouthWales But whenmumanddadpassedawaysuddenly,thekidswereleftwithoutclearinstructions Withnoestateplan,thesiblings foughtforyearsoverthefarm,eachonefeelingtheydeservedmorethantheothers.Whatshouldhavebeenasmooth transitionturnedintoayears-longbattle,whicheventuallyledtothefarmbeingsoldoff,leavingnothingforthefamily’sfuture Thiscouldhavebeenavoidedwithawell-thought-outsuccessionplan that’swherewecomein AtRuralSuccessionSolutions,wehelpruralfamilieslikeyoursnavigatethistrickyprocessusingourproven9-stepLegacy Blueprint Thisstep-by-stepprocessisn’tjusta“getyourwilldone”checklist it’sacomprehensive,strategicplanthatensures fairness,clarity,andfamilyharmony Fromfacilitatingtheestablishmentofinterimwillsandaninitialsuccessionplanswithin 90days,tomanagingfamilydynamics,weworkcloselywithyoutocreateaclearpathforward Ourgoalissimple:toensure yourlegacyispreserved,thefarmstaysinthefamily,andyourchildrengetalonglongafteryou’vepassed Withclear guidanceandtherighttools,wecanhelpyouavoidcostlymistakesanduniteyourfamilyforgenerations
We’vehadcountlessfamiliestellusthatafterworkingwithus,theburdenofuncertaintyhasbeenlifted Onerecentclientsaid, “Wewereonthebrinkofsellingupafteryearsofdisagreements,butwithMark’shelp,wecouldsorteverythingout Now, we’vegotclearplans,everyoneknowswheretheystand,andthefamily’sbackontrack”Anotherclientshared,“Iwas skepticalatfirst,butaftertheprocess,Ifeltlikeahugeweighthadbeenlifted I’mfinallyconfidentthatourfarm’sfutureis securedandourkidsareprepared”
Ifyouwanttoavoidthenightmareoffamilyconflictandbusinessdisruptionafteryou’regone,don’tputoffyoursuccession plananylonger Weofferafree30-minuteZoomconsultationwherewecaninitiallydiscussyourfamily’sneedsandhowour 9-stepprocesscanhelpyougetstarted Don’twaituntilit’stoolate contactustodayat+61755711111orvisit bookmarkwestcottcomtobookyourfreecall
Let’sensureyourlegacystaysstrongandyourfamilystaysunited.
(MarkWestcottisthefounderofRuralSuccessionSolutionsandatrustedestateandsuccessionplanningexpert Growingup onasheeppropertyinruralQueensland,Markhasover35yearsofexperiencehelpingruralfamiliesprotecttheirlegacies He ispassionateaboutensuringsmoothtransitionsandfamilyharmonythroughhisproven9-stepprocess)
Bidding Opens: Monday, 7th April, 12pm
Bidding Closes: Friday, 11th April, from 12pm
**ThisappliestoALLPROPERTYcontractssigned onorafter1January2025**
All property transactions
All Australians
Has changed from $750,000 threshold to any property sold
Talk to your solicitor so you’re not affected at time of settlement, causing possible money withheld
To find out more about Foreign Resident Capital Gains Withholding (FRCGW), and understand how this affects every seller CLICK HERE
Blackall
Crows Nest
Dalby
Emerald
Gracemere
Kingaroy
Nebo Roma
Sarina
Alice Springs
Prime & Store Sale - Thursday
Weaner & Store Sale - Monthly
Monthly - Saturday
Wednesday
Thursday Wednesday
Monthly
Monthly - Friday
Store Sale - Tuesday
Friday Fortnightly
Annual Sale
Andrew McCallum | Real Estate Manager/Director 0427 581 889
Nick Dunsdon | Cunnamulla
Rhys Hebberman | Darwin
Tim Maguire | Emerald
Owen Brockhurst | Miles
Tony Lilburne | Quilpie & Dalby
Bill Reid | Rockhampton
Dan Tyson | Rockhampton
Rick Benham | Roma
David Benham | Toowoomba
INGREDIENTS:
2 tbsp yellow curry paste
1 tsp ground turmeric
6 chicken thigh fillets, trimmed, halved crossways
500g pkt frozen mango cheeks, thawed, chopped
2 red capsicum, deseeded, thickly sliced
1 large red onion, cut into wedges
1 tbsp finely grated fresh ginger
3 garlic cloves, crushed
1 tbsp olive oil
200ml UHT coconut cream
1 tbsp brown sugar
2 green shallots, thinly sliced
2/3 cup fresh coriander leaves
1 fresh long red chilli, thinly sliced
INSTRUCTIONS:
1
2
3
5.
Combine the curry paste and turmeric in a large bowl Add the chicken, season and toss well to combine. Set aside.
Place half the mango in a food processor and process until smooth Transfer to the bowl of a slow cooker Stir in 80ml (1/3 cup) water Top with capsicum, onion, ginger and garlic
Heat oil in a large frying pan over medium-high heat Add chicken and cook, turning, for 5 minutes or until golden brown. Add to the slow cooker bowl. Cover and cook on Low for 3 hours or until the chicken is starting to become tender.
4 Divide rice among serving plates. Add chicken and sprinkle with with green shallots, coriander and chilli Serve with lime wedges
Add coconut cream to the slow cooker Cover and cook on high for 1 hour or until the sauce thickens slightly Stir in the remaining mango along with the sugar Cook for a further 10 minutes or until the mango has warmed through Turn off slow cooker and set aside for 5 minutes to rest.
Steamed rice and lime wedges, to serve Recipe
