Please use this identifier to cite or link to this item: https://hdl.handle.net/1959.11/11918
Title: Australian Farmers' Attitudes Toward Succession and Inheritance
Contributor(s): Barclay, Elaine  (author); Reeve, Ian  (author); Foskey, Roslyn  (author)
Publication Date: 2012
Handle Link: https://hdl.handle.net/1959.11/11918
Abstract: Unlike other businesses, family farming is characterised by an intimate connection between the farm as a place of work, career and family tradition. What impacts upon one aspect, will impact upon all. An earlier study by the lead author (Kaine, Barclay and Stayner 1997) noted the difficulty and complexity of succession planning for Australian farmers as they sought to meet three conflicting objectives: to maintain a viable farm business for the next generation, treat all of their children fairly and provide for their own retirement. For some farmers, farming is a 'way of life' and they experience great difficulty in handing responsibility over entirely to their children. ... As the vast proportion of Australian agricultural businesses are family owned and operated, how these families plan and manage retirement, succession and inheritance is therefore a concern for the whole agricultural industry. Effective advance planning in these areas can provide a sense of confidence and security and thus help preserve harmony within the family. However, if not properly handled, the transfer of the farm between generations can lead to confusion, uncertainty, suspicion and can result in deeply damaging divisions between family members. These decisions have been made even more difficult by prolonged and severe drought and economic forces, which have left many of Australia's farm families unable to sustain operating budgets.
Publication Type: Book Chapter
Source of Publication: Keeping it in the Family: International Perspectives on Succession and Retirement on Family Farms, p. 21-35
Publisher: Ashgate Publishing
Place of Publication: Farrnham, United Kingdom
ISBN: 9781409409953
9781409409960
Fields of Research (FoR) 2008: 160804 Rural Sociology
160507 Environment Policy
160802 Environmental Sociology
Fields of Research (FoR) 2020: 441003 Rural sociology
440704 Environment policy
441002 Environmental sociology
Socio-Economic Objective (SEO) 2008: 960704 Land Stewardship
Socio-Economic Objective (SEO) 2020: 190299 Environmental policy, legislation and standards not elsewhere classified
HERDC Category Description: B1 Chapter in a Scholarly Book
Publisher/associated links: http://trove.nla.gov.au/work/162005553
Series Name: Perspectives on Rural Policy and Planning
Editor: Editor(s): Matt Lobley, John R Baker and Ian Whitehead
Appears in Collections:Book Chapter

Files in This Item:
3 files
File Description SizeFormat 
Show full item record

Page view(s)

1,588
checked on Mar 17, 2024
Google Media

Google ScholarTM

Check


Items in Research UNE are protected by copyright, with all rights reserved, unless otherwise indicated.