Recent comments by: Why

Cropping

The reduction in herbicides for RR systems is not using atriazine and a pre-emergent. So if RR system is so fantastic WHY is there the need for RT (Roundup-Triazine).
That's because a Single herbicide system is a fast track to resistance.
NB Swathing a RR crop and spraying under the bar to kill the surviving ryegrass plants with a third application of Roundup doesn't make good agronomic sense, so what do you use, Paraquat!
24/03/15 07:10 AM

General

So at the end of it what do we have to do if we want to upgrade anything, finance it (sounds like a bad idea) on a HP or Lease to get the money and now I'm in debt some more. Give us small guys a depreciation schedule that means I can pay cash for an upgrade and not rely on finance to balance the books without more finance.
30/03/15 05:05 AM
My issue with it all is that is the very poor depreciation schedules, 1000 limit for depreciation. Try and grow your business upgrading equipment. Trying to pay back the bank and pay cash for a new secondhand seeding bar but effectively I get taxed on the money I pay for both, I need 100k profit to pay the bank back but then I have to pay 40% income tax on that money year and I need 50k for a secondhand seeding bar and i have to pay 40% income tax on that money as well. So at the end of the year I made 150k profit, gave the bank 100, 50 for bar and 60 to ATO, so I'm in the hole for 60k.
30/03/15 04:58 AM

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