Competition for Capital

Accepting the FactsAccepting the Facts

A way forwardA way forward

Brendon SmartBrendon SmartBusiness development, SMARTGROUP.Business development, SMARTGROUP.

Capital “Money is the root of all evil”

Biggest challenge to food production

Difficult for new entrants to Ag Historically poor returns

Easier money and trendier professions elsewhere Decreasing margins dictates larger production units

Traditionally debt funded expansion Weakening market influence

Parties with vested interest

Governments Retailers Processors Producers Consumers

Farmer age groupOver 65 Under 35

Average age of farmersUnited KingdomAustralia

Percent of population in urban livingNetherlandsUKAustraliaCanadaNew ZealandFrance Ireland

UK Australia 33% 25% 3% 11%

58.555

87%70%57%55%45%27%27%

Structure

SOLUTIONS

GOVERNMENT EDUCATION EQUITY INVSTMENT CREATIVE BANKING PROFESSION MARKETING GOVERNMENT REINVESTMENT CAREER PATHS FOR EXISTING

PARTICIPANTS RELEVANT INDUSTRY LOBBY

WHAT NEXT

INDUSTRY / GOVERNMENT WORKING GROUPDEVELOP CO-INVESTMENT / EQUITY

MODELSREVIEW SUPER / PENSION FUND INV

REQUIREMENTSBANK DIRECTION EDUCATION REVIEWPUBLIC RELATIONS