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We're all feeling the relief of cooler temperatures here in Esperance after Friday's searing temperatures. My thoughts go to those who lost their homes, property and livestock in the fires sparked across Jerramungup, Hopetoun and Bremer Bay. We shared to our Facebook page on Monday where you can donate to assist those who have been affected. Tania Wright, our SMSF Advisor, will also be visiting Ravensthorpe on Friday. If you have any small, household and essential items you'd like to donate via the CWA, feel free to drop them into the Smith Shearer office and we'll see that they are delivered.
Esperance-run organisation Farmers Across Borders are assisting farmers affected by the recent Wheatbelt fires. Our thoughts are with the communities after the devastating effect that Mother Nature has had, something I am sure all our farmers can resonate with. In happier news, harvest is officially done and dusted. Congrats to all the farmers across Australia on their efforts! It was a record-breaking harvest and all your efforts have not gone unnoticed.
If you haven’t undertaken any tax planning previously, now is a great time to get started! After a huge harvest season, it's disheartening to see those higher yields result in a bigger tax bill. There are effective tax planning strategies you can undertake now to minimise your tax obligations at the end of the financial year. Get in touch with me if you'd like to discuss this in more detail.
Take care,
9th February 2022
Farmers Across Borders is donating thousands of hay bales to producers after devastating fires in WA's Wheatbelt and South West this week.
At one stage, authorities were battling four emergency level bushfires.
Collectively they razed more than 40,000 hectares, including feed, stock, fencing, some homes and sheds.
Farmers Across Borders President Sam Starcevich said more than 5,000 bales were already available.
At least three houses have been destroyed by bushfires which escalated rapidly to emergency level in WA's Great Southern region...
DFES deputy commissioner Craig Waters said the hard work and swift responses of the hundreds of firefighters who battled the blazes prevented significant property loss.
"What led to all of these fires popping up was the lightning belt ahead of no rainfall, so we had dry lightning, then we had to wait for the corresponding rainfall to come across, which came with the front.
"So we had the trough coming through with the lightning, followed by the front coming through with a bit of rain, and rainfall was recorded in a lot of the South West, unfortunately, some did miss out though."
OVER the course of the 2021/22 harvest, Western Australian farmers delivered enough grain to CBH Group sites to fill Optus Stadium 17 times over.
The co-operative officially called the end of harvest last Thursday after receiving a record breaking 21.3 million tonnes.
That number surpasses the previous record in 2016/17 of 16.65mt and is 50 per cent more than the five-year average of 14.2mt.
Of the 130 sites that received grain, 40 set new highs for tonnes delivered in one day and 54 exceeded their previous record for total tonnes delivered to the site in one harvest.
CBH acting chief operations officer Mick Daw said the harvest had exceeded all expectations.
If you have any questions for me, or would like me to address a topic specifically, please email me directly at melissa@smithshearer.com.au. Alternatively, complete the form below and I'll be in contact.
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