Conference Proceedings

Farming for generations: An investigation into the challenges of farm businesses remaining in the ownership of the same family for several generations

Bill Malcolm, M Stephens, A Sinnett, P Deane, B Farquharson

Farming For Generations | AARES | Published : 2021

Abstract

Some farms remain in the ownership of one family for several generations and others do not. The study is about family farms in Australia used for growing crops, running beef cattle and sheep, or operating with a mix of these activities. Research questions of interest are why and how has the same family managed to operate a farm for generations and why and how have other family farms not managed to continue in the same ownership? The focus of this work is intergenerational succession of family farm businesses in the context in which there are three main aims of owners of family farm business (Kaine et al 1997). The three main aim are: • To provide adequately for retirement; • To pass o..

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University of Melbourne Researchers