The Impact Ag Partners team take a look at the things you need to consider for your agricultural assets for the uncertain times ahead. Being prepared is key, thinking about early precautions and what potential longer-term measures may be required if the situation worsens.
Supporting workplace safety and the wellbeing of your employees is paramount. In general, being outdoors on a farm will be one of the safer, cleaner environments!
It is prudent to start thinking about the impacts now even if there is little action or risk for you at present and keeping clear frequent channels of communication open with your team.
Governments worldwide are implementing both lockdown and support measures to deal with the COVID-19 pandemic. In Australia, the Federal Government has released three rounds of stimulus measures, and most state and territory governments have announced their own support measures, for businesses and affected areas.
To see if your business is eligible, fact sheets from the Australian Government on the economic response to the Coronavirus are available here.
Impact Ag also summarises options for your Agricultural asset