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Putting heads together to get by the big dry

Nov 07, 2018 - Australian Financial Review

Cash flow | Drought has driven a deeper level of help for rural clients.

When farmer Richard Ogilvie bought his property in New England, northern NSW five years ago, he had 12,000 head of cattle. Since then the slow, creeping drought has caused this number to halve and revenue has dropped.

"I have four beef cattle farms on 12,000 acres (4860 hectares) and I make a small percentage of revenue from sheep but my revenue has dropped two-thirds since I started this farm while my expenditu...