The Country
  • The Country home
  • Latest news
  • Audio & podcasts
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Rural business
  • Rural technology
  • Rural life
  • Listen on iHeart radio

Subscriptions

  • Herald Premium
  • Viva Premium
  • The Listener
  • BusinessDesk

Sections

  • Latest news
  • Coast & Country News
  • Opinion
  • Dairy farming
  • Sheep & beef farming
  • Horticulture
  • Animal health
  • Rural business
  • Rural technology
  • Rural life

Media

  • Podcasts
  • Video

Weather

  • Kaitaia
  • Whāngarei
  • Dargaville
  • Auckland
  • Thames
  • Tauranga
  • Hamilton
  • Whakatāne
  • Rotorua
  • Tokoroa
  • Te Kuiti
  • Taumurunui
  • Taupō
  • Gisborne
  • New Plymouth
  • Napier
  • Hastings
  • Dannevirke
  • Whanganui
  • Palmerston North
  • Levin
  • Paraparaumu
  • Masterton
  • Wellington
  • Motueka
  • Nelson
  • Blenheim
  • Westport
  • Reefton
  • Kaikōura
  • Greymouth
  • Hokitika
  • Christchurch
  • Ashburton
  • Timaru
  • Wānaka
  • Oamaru
  • Queenstown
  • Dunedin
  • Gore
  • Invercargill

NZME Network

  • Advertise with NZME
  • OneRoof
  • Driven Car Guide
  • BusinessDesk
  • Newstalk ZB
  • Sunlive
  • ZM
  • The Hits
  • Coast
  • Radio Hauraki
  • The Alternative Commentary Collective
  • Gold
  • Flava
  • iHeart Radio
  • Hokonui
  • Radio Wanaka
  • iHeartCountry New Zealand
  • Restaurant Hub
  • NZME Events

SubscribeSign In

Advertisement
Advertise with NZME.
Home / The Country

Taranaki farmers encouraged to seek advice on farm succession planning

Stratford Press
22 Jan, 2020 01:24 AM2 mins to read

Subscribe to listen

Access to Herald Premium articles require a Premium subscription. Subscribe now to listen.
Already a subscriber?  Sign in here

Listening to articles is free for open-access content—explore other articles or learn more about text-to-speech.
‌
Save

    Share this article

The workshops on farm succession are being held in Stratford.

The workshops on farm succession are being held in Stratford.

Farm succession is one of the pressing issues facing sheep and beef farmers with more than 50 per cent of sheep and beef farms expected to change hands over the next decade.

The Red Meat Profit Partnership (RMPP) workshop series on farm business transition and succession starting on March 18 aims to help farmers navigate what can often be a difficult process.

Malcolm Bailey, chair of RMPP, says there is an opportunity to help farmers work through these issues and plan for positive outcomes.

"Many farmers have said they find it hard to know where to start the conversation because of the emotional attachment they have to their farms and the tensions of handling significant assets, often with competing family interests."

"A key goal for RMPP is to help farmers through this process by providing information regarding succession options and ownership structures and sharing examples of successful outcomes."

Advertisement
Advertise with NZME.
Advertisement
Advertise with NZME.

Farmers will be provided with resources and advice to help them explore the range of options available to them as they look at transition and succession of farm business ownership.

Malcolm says the possibility of linking up people who are wanting to progress in the red meat sector with those who are wanting to exit.

"Some farmers have sons and daughters who are not interested in taking over the farm but grandchildren who might. They want to retire but want to keep the farm in the hope that a family member will take it on. Leasing the land or taking on a share farming partner who owns the stock are a couple of ways of achieving this."

Advertisement
Advertise with NZME.

He says it is also important that retiring farmers can access the capital they require to enjoy life beyond farming.

"Good planning is important, and we encourage farmers to think about this well ahead of time."

The workshop series is being offered again in 2020 after successfully launching in 2019.

The three workshops run on March 18, April 29 and May 20 at the War Memorial Centre in the TSB Chambers.

Discover more

Southlander letting go of farm owned by family for a century

28 Jan 08:00 PM

They are limited to eight farm businesses with up to four people from any one business able to attend.

Save

    Share this article

Latest from The Country

The Country

Beekeeper advocacy group comes under pressure

The Country

The Country: Luxon on coalition friction

The Country

Man lost wife and daughter in Waiuku triple-fatal


Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

Advertisement
Advertise with NZME.

Latest from The Country

Beekeeper advocacy group comes under pressure
The Country

Beekeeper advocacy group comes under pressure

Rifts among industry groups, charities and agencies in the beekeeping industry.

16 Jul 03:00 AM
The Country: Luxon on coalition friction
The Country

The Country: Luxon on coalition friction

16 Jul 01:42 AM
Man lost wife and daughter in Waiuku triple-fatal
The Country

Man lost wife and daughter in Waiuku triple-fatal

16 Jul 12:37 AM


Solar bat monitors uncover secrets of Auckland’s night sky
Sponsored

Solar bat monitors uncover secrets of Auckland’s night sky

06 Jul 09:47 PM
NZ Herald
  • About NZ Herald
  • Meet the journalists
  • Newsletters
  • Classifieds
  • Help & support
  • Contact us
  • House rules
  • Privacy Policy
  • Terms of use
  • Competition terms & conditions
  • Our use of AI
Subscriber Services
  • NZ Herald e-editions
  • Daily puzzles & quizzes
  • Manage your digital subscription
  • Manage your print subscription
  • Subscribe to the NZ Herald newspaper
  • Subscribe to Herald Premium
  • Gift a subscription
  • Subscriber FAQs
  • Subscription terms & conditions
  • Promotions and subscriber benefits
NZME Network
  • The New Zealand Herald
  • The Northland Age
  • The Northern Advocate
  • Waikato Herald
  • Bay of Plenty Times
  • Rotorua Daily Post
  • Hawke's Bay Today
  • Whanganui Chronicle
  • Viva
  • NZ Listener
  • Newstalk ZB
  • BusinessDesk
  • OneRoof
  • Driven Car Guide
  • iHeart Radio
  • Restaurant Hub
NZME
  • About NZME
  • NZME careers
  • Advertise with NZME
  • Digital self-service advertising
  • Book your classified ad
  • Photo sales
  • NZME Events
  • © Copyright 2025 NZME Publishing Limited
TOP