Farm equity up in strong times for WA grain sector

media releases

20 August 2015

Key findings from the 2014-2015 Planfarm Bankwest Benchmarks

Western Australia's farm businesses are in strong financial shape, buoyed by good seasons, higher farm equity levels and stable land values.

The Planfarm Bankwest Benchmarks - the largest survey of its nature in the country - reveals that farm equity is now at 80 per cent, indicating a turnaround for the grain belt after a run of tough seasons.

The average operating profit was $184ha and the top 25 per cent of the state's farm businesses achieved $318ha. The best performing regions were located in a diagonal band through the Central Wheatbelt - stretching from Northam to Jerramungup. The southern regions generally experienced a very good season, while the north of the state was below average.

The state average crop yields for wheat, barley, canola and lupins in 2014 were all above 10-year state averages.

Farm equity up in strong times for WA grain sector (PDF, 550KB)

all news articles

media enquiries

all journalist enquiries should be directed to:

general enquiries

business enquiries

Bankwest SWIFT code: BKWAAU6P | Find your BSB by logging into Online Banking.

© 2016 Copyright Bankwest, a division of Commonwealth Bank of Australia (Bankwest) ABN 48 123 123 124 AFSL / Australian credit licence 234945. All rights reserved. To use this Website, you are required to read the Financial Services Guide (which you agree to be provided by accessing the link). Bankwest is a division of Commonwealth Bank of Australia, which is the product issuer unless otherwise stated. Rates stated are subject to change without notice. Any advice given does not take into account your objectives, financial situation or needs so please consider whether it is appropriate for you. For deposit and payment products, please ensure you read and consider the Product Disclosure Statement (which you agree to be provided through this link) before making any decision about the product(s). For lending products, lending criteria and fees and charges apply. Terms and conditions apply and are available on request.