Day 4 - Succession Roadshow, Biloela Session

Posted by: Kylie Wilson 

The Biloela session of the rural succession and continuity roadshow saw good numbers again comprised of families wanting to demystify the tips and traps of rural succession planning.

John Moore of RCS gave some very interesting insights into being a sixth generation farmer on the land in South Africa.  There were also quite a few questions and concerns around the issues of gifting land to the next generation, and the duty implications where Queensland continues to remain behind the other states in assisting primary producers to pass land so the next generation can remain on the land.

The themes of lack of communication and a desire to maintain family harmony continued and reflected those that we'd heard in Emerald.  Aims of getting started early and achieving security whilst ensuring a comfortable retirement for parents also came through strongly from the younger generation. 

We then headed out on the road again for Rockhampton.  Another interesting and informative session in Rockhampton awaits before the long trip back to Brisbane.

Day 3 - Succession Roadshow, First succession and continuity session in Emerald

Posted by: Kylie Wilson

We had the first day of our succession and continuity roadshow in Emerald with RCS, Entello Group and Andrew McCormack of BestWilson Buckley Family Lawyers.

The session was very well attended, and there were some very impressive discussions from Simone Lawrie of the Lawrie family and Claudia Power about their own personal succession journeys, which illustrated how positive it is for families if the succession process is done properly.


RCS gave some good insights on how to get family meetings started and keep them progressing, Entello Group provided some valuable share tips, and Andrew McCormack talked about the advantages of binding financial agreements where there are concerns about marriage breakdown during the succession process.

It was a great pleasure for me to speak to so many committed families, with the overall message of the day from participants being an aim for family harmony in achieving intergenerational transfer.

After the completion of the Emerald session, we all set off in cars for the trip from Emerald to Biloela, where the land continues to look in very good shape, and I'm looking forward to talking to more families in Biloela on Wednesday.

Aims of older generation vs younger - some very similiar