PrincipleFocus’ Post

Farm Safety Week: NSW Government WHS Workshops Workers in the agriculture sector are at far greater risk of being killed or injured at work than most. The NSW Government is hosting a workshop for Farm Safety Week to help guide your farm WHS (Work Health and Safety) journey. This comprehensive workshop will cover essential topics including: - WHS legal context - Leadership in WHS - Maintaining records and registers - Worker induction processes - Building commitment to safety - Effective consultation practices - And much more! Workshop Dates: 15 July 2024 - West Tamworth League Club - 11.00am to 2.30pm 16 July 2024 - Dubbo RSL Club - 11.00am to 2.30pm 17 July 2024 - Club Forbes - 11.00am to 2.30pm 18 July 2024 - Griffith Exies Club - 11.00am to 2.30pm 19 July 2024 - Wagga Wagga RSL Club - 11.00am to 2.30pm Find out more and register 👇 https://lnkd.in/gXe5Wu3D #NSWfarmers #FarmSafetyWeekProgram #ForFarmers

Narromine to Narrabri Section Update 🌾 Today we would like to share with you an update on the Narromine to Narrabri section of the Inland Rail project that has been released! In the upcoming weeks, permissions will be sought from landowners to conduct geotechnical, site investigations, and field studies. These activities, planned for the latter half of 2024, are crucial for determining project scope and cost. To minimize disruption to farming operations, site access schedules will be coordinated in advance. Appreciation is extended to landowners who have supported these investigations thus far, with thanks in advance to all for their continued cooperation and support. They also add that this year, the focus is on closely collaborating with affected landowners to secure necessary land for the Inland Rail corridor. Their team is dedicated to negotiating voluntary agreements that are fair, transparent, and tailored to meet individual needs. Transitioning to a voluntary negotiation process, the team will assess independent professional costs in good faith and has introduced new protocols for efficient reimbursement. If you are one of those impacted landowners, head to their website to find out more and get the support you need! #InlandRail #InfrastructureUpdate #CommunityEngagement #SupportLocalFarmers

Happy rainy Monday! Today, we would like to show you this article posted in the AFR last week: 'Global players dominate solar, wind' International giants are leading the charge in our country's renewable energy evolution! 🌏💡 Companies from China, France, Spain, and across Asia have taken the helm in Australia's burgeoning large-scale solar farm sector, surpassing local heavyweights like AGL Energy and Origin Energy. Beijing Energy International has emerged as the largest owner of utility-scale solar projects Down Under, following its game-changing acquisition of Lightsource BP's Australian assets for $813 million. This move catapulted Beijing Energy's Aussie portfolio to over two gigawatts, valued at more than $3 billion, showcasing their deep commitment to our market. Not to be outdone, Spain's Acciona and Iberdrola, along with FRV (Fotowatio Renewable Ventures), are also pivotal players in Australia's solar landscape. Meanwhile, companies like ACEN from the Philippines and Gentari from Malaysia have made significant strides through strategic acquisitions. While AGL and Origin excel in battery storage, their focus has left them trailing in utility-scale PV and wind energy development, highlighting the dominance of international firms in shaping Australia's renewable future. 🌿✨ What are your thoughts on Renewable Energy? #SolarEnergy #RenewableRevolution

Have you sown chickpeas this winter? With many experiencing a wet start to the season, more hectares of chickpeas have been sown this year than in recent years. With increasing pathogen virulence being reported and measured, it’s timely to update management strategies for Ascochyta. With this, GRDC Grains Research Update online looks at practical management for Ascochyta this season. On the 9th of July, at 10:30am, they will be holding a webinar that delves into the following: * Fungicide strategy and timing for Ascochyta in chickpeas in different varieties and situations * Increasing levels of pathogenicity – what's happening where, and implications of fungicide strategy, plus a new decision support tool * Consultant strategies for managing Ascochyta If you want to register for this webinar, please follow this link: https://lnkd.in/ghG7ZBqs

EMPOWERING YOUR CLIENTS WITH XERO & FISHBOWL! But what is Fishbowl? Well, Fishbowl Inventory is the industry's most flexible provider of inventory management and manufacturing software solutions for Xero users across Australia, New Zealand, South-East Asia and North America. An exciting, dynamic and rapidly growing company, they onboard, train and support companies using the Fishbowl software suite. Why Fishbowl for your clients? - It integrates with existing accounting software - Australia-based customer support - Flexible solutions for all needs - Faster implementation Fishbowl has been a global leader in solving inventory problems for businesses for more than two decades. In fact, they are so good at solving inventory complexities that they have helped more than 10,000 businesses achieve inventory mastery over that time! Cool hey. Find out more here: https://lnkd.in/gpKiXwZj

HAPPY FRIDAY! Let’s talk about the AgriFocused Farm Office Plus Course. Farming businesses require a diverse set of skills. Operational knowledge is key, and knowing how to produce high-quality food and fibre is something you or other members of your business would have been doing for years. The office side of the business is something else, and often, the office manager is dragged kicking and screaming into the role when there is so much other work to do. This is where AgriFocused comes in. They have created a course dedicated to: * Anyone new to farm office management - farmers just taking over the books * Those dealing with growing pains in your business and realising that it's a lot bigger job than it used to be * Those who want to know more about setting up a "less paper office" * Anyone seeking higher levels of efficiency and competence - just wanting to do it better in less time Honestly, this course would be fantastic for many if our clients. If you're looking to get your head around the books, find all the information you need here: https://lnkd.in/gHW5256G

LET'S TALK BRACKET CREEP: The average taxpayer will lose $2000 to bracket creep by 2028 unless there is another round of tax cuts, as projections show the Albanese government will reap an extra $29 billion in revenue from the “stealth tax” on incomes. Economists warn Australia’s tax system is increasingly reliant on slugging workers, and Treasury’s Intergenerational Report last year predicted personal taxes would hit 60 per cent of the overall federal tax base in the coming decades without “policy change” . A worker earning between $100,000 and $150,000 will pay a cumulative extra $2020 in income tax by 2027-28 because of bracket creep. A worker earning $50,000 to $100,000 will lose about $1820 to bracket creep over the next four years. Meanwhile , a high-income earner on more than $200,000 will fork out an extra $6000 in tax as a result of bracket creep. What do you think about this? Let us know in the comments!

Grong Grong, a tiny town 5 1/2 hours' drive west of Sydney, has landed insurance giant IAG as its biggest customer. This vindicates its investors’ vision and highlights the untapped capacity of small-scale community suppliers. The six-year deal with IAG begins next year and will account for almost all of Grong Grong’s output. However, solar farms like Grong Grong, which fly below the radar, also represent a large opportunity to plug renewable power into the system. One of the many ingredients that contributed to Grong Grong’s success was its Goldilocks sizing: not too big, not too small. It fits in the sweet spot between one and five megawatts. That’s big enough to generate a commercial supply but, critically, small enough to exempt it from the controls that the Australian Energy Market Operator applies to larger generators. Another advantage to its smaller size is that the solar farm connects directly to the electricity distribution system rather than through the transmission system. To read more about Grong Grong and its story, find the full story on the AFR website!

Simple checks for super success! It’s important that employers meet their superannuation obligations. Complete these five simple checks to make sure your super is successful. 1. Check which workers are eligible – the classification of each worker must be correct. 2. Check the super fund details are correct – super contributions must be paid to the right fund. 3. Check the right amount of super is being paid – the SG rate is currently 11%. From 1 July 2024, the rate will increase to 11.5%. 4. Check that contributions are paid on time – super contributions must be paid at least 4 times a year, by the quarterly due dates. The next payment is due on 28 July. If the employer uses a super clearing house, they need to allow enough time for payments to reach the worker's super fund as processing times can vary. 5. Check your client has lodged a super guarantee charge (SGC) statement and paid the SGC by the due date. Was this helpful? Let us know in the comments below!

Happy Monday! We hope you all had a relaxing and restful weekend. To start the week, we wanted to address an important issue: burnout. Burnout can happen to anyone, especially at this time of year! But what is it? Burnout can drain energy and leave sufferers feeling disengaged and helpless. You need to learn how to see the signs, manage the condition, and use preventative strategies. To help you understand more about this issue, and how best to manage it, we would like to direct you to a webpage, ‘INTHEBLACK’, created by @cpaaustralia that can help you make sense of burnout. Here, you will find articles, podcasts and coping strategies! Find it here: https://lnkd.in/e4WSZCK4?