Are you considering a Contract Milking opportunity, or are already a Contract Milker?

This two-part webinar series is designed to provide you with a comprehensive understanding of how Contract Milking can work for your farming business and help you progress in the dairy industry. Whether you’re exploring new opportunities or looking to improve your current position, this session will equip you with the ins and outs of being a Contract Milker and what you need to consider.

The team at CMK cover key topics:

Part 1

• What is Contract Milking? An overview of the model and how it works
• Benefits of Contract Milking: Why this approach might be right for your business
• Key Considerations: What to think about before taking on a new position
• Contract Milking Agreements: The importance of these and what to consider

Part 2

• Payment Options: How the contract rate works, and different ways to structure payments and manage cashflow
• GST and Income Tax Implications: Understanding your tax obligations and opportunities
• Budgets and Forecasting: How these can help you plan and ensure your business is profitable
• Record Keeping: Best practices for managing documentation and staying compliant
• Building Your Professional Team: Identifying the key professionals you’ll need to support you on your journey

This two-part webinar series is an opportunity to learn about the essentials of Contract Milking, and help set your farming business up for long-term success in the industry.

This webinar is brought to you by Dairy Women’s Network and CMK Chartered Accountants

~ Recorded: March 2025 ~