ABC Sheds Blog

How to save money when buying a farm shed

Whether you’re looking to cut down costs or stay within an existing budget, finding the money for something like a new farm shed can be challenging. There’s always more urgent expenses that seem to appear and a new shed is a big investment that many farmers will choose to put off until ‘the time is right’.

While a farm shed can seem like a big purchase, a quality structure will more than pay off in the long-run and will bring you years of use. So is there a way to save some money when purchasing a new farm shed, and still end up with a structure that’s high quality?

How to benefit from the government tax write-off

2020 has been a tough year so far for many farmers across Australia. Bushfires ravaged many parts of the country at the start of the year and now with the COVID-19 pandemic upon us, some farmers are struggling to get ahead.

The Australian government has recognised these struggles and on the 12th of March 2020 a $17.6 billion stimulus package was announced with the aim of keeping Australians in jobs, businesses in business, and households supported. A big part of this stimulus package was the announcement that the instant asset write-off was being increased – great news for farmers!

Keeping Australia moving forward

On the 12th of March the government announced a stimulus package for Australian businesses to keep the economy moving forwards in these uncertain times. Small to medium-sized businesses are the backbone of this country's economy and employ tens of millions of people across the country. Every business plays its part and the government has come to the table with a package designed to keep those business going in as much of a 'business as usual' way as possible.

How to get finance for your farm shed

Any farmer with livestock knows the effort and cost involved in continuing to buy feed for their animals, especially during a time of drought, flooding or other challenging circumstances. Recent environmental challenges have highlighted the challenges farmers face in preparing and protecting their feed and pasture. Feed loss might come in the form of a devastated pasture with crops useless before they’re harvested or it may come in the form of harvested feed losing nutrients due to improper storage. And while you can’t stop every form of feed loss, you might be able to reduce that loss by taking additional steps to protect it.

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