Farming offers a wonderful career for those looking for a position where there is a diverse range of skills required and the opportunity exists to maximise production by using one’s management abilities and attributes.
Opportunities exist both at entry and management level, with some people opting to train first and get practical experience later, while others get on-the-job practical experience first and obtain training on the technical aspects through day release classes etc later.
There has never been a better time to take up farming as a career. This applies at all levels or positions within the industry, whether it be as a farm hand, herd manager, farm manager, sharemilker, or consultant. There is an acute shortage of skills and personnel in farming today, with good people being highly sought after.
The sharemilking system allows for the gradual build-up of equity over time. While some sharemilkers use this equity to purchase their own farm, others remain sharemilking and purchase off-farm investments. Various sharemilking options are available from Lower Order Agreements at varying percentages up to 50:50.
Equity Partnerships are also becoming increasingly used.
All parties should seek professional advice before entering into these agreements to ascertain more accurately income/expenses and profit involved for the capital outlaid.
In the sheep and beef industry, staff move up through the ranks with the final aim being to secure a managers position on a large station, which they then farm as if it was their own.
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