Future of Farming Families Introduction

Guiding Farming Families Through Succession 

For more than 20 years, we’ve worked alongside farming families on succession planning. 

We’ve seen what works. 

We’ve seen what doesn’t. 

And we’ve seen what happens when things are left too late. 

We’ve watched families transition successfully into the next generation—stronger, clearer, and more united. 

And we’ve seen the opposite. 

Good people. Good farms. Good intentions. 
But no structure. No leadership. No preparation. 

And the result? 

Conflict. Confusion. Fractured relationships. 
And in many cases, millions of dollars lost along the way. 

 Here’s the truth most people avoid 

Succession failure isn’t about intelligence. 
It’s not about how good the farm is. 
And it’s not just about tax or structures. 

It’s about leadership. 

It’s about whether someone steps up early enough to take responsibility for the process. 

Because succession is not an event. 

It’s a long, often uncomfortable process that requires clarity, discipline, and the ability to lead conversations most families would rather avoid. 

 There are two sides to every succession 

The first is structural 

Who owns what. 
Who controls what. 
How entities are set up. 
How risk is managed. 
How assets are protected. 
What options are available. 

Farming businesses today are often worth tens of millions of dollars and built over generations. 

But with that comes complexity.  More entities, more regulation, more exposure. 

And importantly, there are significant opportunities. 

When structured and planned properly, families can access: 

• Tax concessions  

• Stamp duty exemptions  

• Small business CGT concessions  

But these outcomes don’t happen by accident. 

They require early planning, clear structures, and the right advice. 

Left too late or handled poorly, the cost can be substantial. 
Missed opportunities, unnecessary tax, and in some cases, outcomes that can’t be unwound. 

And with ongoing discussion around future policy changes including the potential inheritance taxes, uncertainty is only increasing. 

Without clarity, complexity becomes risk. 

The second side is people 

And this is where most families struggle. 

Can you sit around a table and have a proper conversation without it turning into conflict? 

Do the senior generation have the skills to lead not just decide? 

Is the next generation being developed into leaders? 

Succession planning is about preparing two generations at once. 

Most families focus on the structure. 

Very few prepare the people. 

 What’s at stake 

For most farming families, this isn’t a small decision. 

These are businesses worth millions often built over generations. 

Done well, succession can: 

• Preserve wealth  

• Minimise tax  

• Strengthen family relationships  

• Set the all generations up to lead with confidence  

Done poorly or left too late it can lead to: 

• Significant and unnecessary tax  

• Lost access to concessions and exemptions  

• Forced asset sales  

• Family conflict that can last decades  

• And in some cases, the breakdown of both the business and the family  

Too often, families don’t realise what’s at stake until options are limited. 

By then, the outcome is no longer fully in their control. 

Succession is one of the biggest financial and leadership decisions a family will ever make.  But most treat it like something they’ll “get to later.” 

That’s why we built Future of Farming Families 

Not another report. 
Not another one-off workshop. 
Not more theory. 

Future of Farming Families is a practical, structured platform built from two decades of real-world experience with farming families. 

It’s designed to help families: 

• Understand ownership, control, and structure  

• Reduce risk and protect what’s been built  

• Develop leadership across generations  

• Build the confidence to actually move forward  

This is about giving families the knowledge, skills, and confidence to lead their own succession journey. 

 We’re building this with farming families, not for them 

We’re inviting 100 farming families to be part of the foundation. 

Not as spectators, but as contributors. 

To work through the material. 
To challenge it. 
To shape it. 

So this becomes something that reflects what farming families actually need, not what advisors think they need. 

 This is bigger than one family 

This is about protecting legacy. 

It’s about helping parents and family leaders gain the knowledge, clarity, and confidence to lead the succession process early, and with intent. 

It’s about getting the family on the same page to preserve, protect and prosper. 

It’s about strengthening the future of agriculture in Australia. 

And it starts with families who are willing to step up early and take control of what they can control. 

 Be part of the first 100 

We’re inviting a small group of farming families to help shape Future of Farming Families from the ground up. 

This is your opportunity to step in early, work through the material, and help build something that will support farming families across Australia for generations to come. 

Join the First 100 Farming Families 

Help shape the platform. Get early access. Lead your family’s future with confidence. 

Follow the link to join the group.