REBATE—DIVIDEND Directors are happy to announce that a 2.0% rebate on members trading from the 1st April 2011 to 31st March 2012 and a 5% dividend on shareholding will be credited to members accounts this month and will appear on your June TAFCO Statement. Trading has been very successful with turnover remaining over $3million for 2011-2012 The Board have accepted over 30 new membership applications this year and would like to welcome new members in joining the Co-operative and sharing the profit distribution. Directors have been reserved in their determination of this years rebate. A conservative distribution of this years profits will enable a number of initiatives to strengthen & secure the ongoing sustainability of the business. Directors are committed to implementing initiatives which can grow the business and benefit members . “A balance has been struck between returning profits to members and re-investing in the business.”

The recent acquisit ion of Murray Goulburn Trading in Myrt leford i s t h e c a t a l y s t f o r n e w i n v e s t m e n t i n t h e TA F C O business and infrastructure. Investing through a range of init iat ives is seen as cri t ical by the board. Securing our ongoing partnership with Phil Ash and Myr t le ford (Elders) Insurance Agency through increasing off ice space, upgrading of the truck to provide a more eff icient regional d e l i v e r y s e r v i c e a n d t h e instal lat ion of pal let racking are just some of the ventures the B o a r d a r e l o o k i n g a t implementing in the future. BOARD POLICIES In 2009 the TAFCO Board increased our overdue account fee from 12% to 18%. The co-operative is not a bank and will be introducing stricter trading rules. Accounts will no longer be able to operate if they reach 60 day terms. With a wider shareholder base it is critical that there are no extended trading terms unless by prior arrangement with management.

JUNE 2012

TAFCO RURAL SUPPLIES 215 GREAT ALPINE ROAD MYRTLEFORD T : [03] 5752 1800

CLOSED FOR STOCKTAKE

TAFCO will be CLOSED

WEDNESDAY 20th JUNE for our annual

Stocktake

AGVET CHEMICAL USER

COURSE REFRESHER ONLY Thursday 9th August

2012

FULL COURSE: Thursdays 16th & 23rd

August 2012 1080 MODULE also available

Friday 24th August

AGVET CHEMICAL REFRESHER course Thursday 9th August 2012 Myrtleford Savoy Sporting Club 9.00a.m – 5.00p.m $185* includes manual and lunch Legislation requires workplace managers (including owner-operators) to meet specific obligations if they transport, store or use hazardous substances. This course provides the required information and all the tools necessary to comply with the regulations and to make sure the workplace is safe. This course is also recognised as an ‘update’ or ‘Refresher’ program for the AgVet Chemical Users Course. This course provides checklists for participants to use in establishing their own Risk Management programs. A refresher course needs to be undertaken by people wanting to keep their Agvet Chemical User Certificates current. Certificates are current for 5 years – there is no legal requirement to keep your certificate current, but considering the constant changes to legislation and your obligation as farmers to some how keep up with it all – a refresher every five years is probably not a bad idea….If your not sure whether you are due to undertake a refresher then it’s probably time to book in, but you can check with Chemcert (03) 5622 2055 the date of your last course. Book courses by phoning TAFCO on 03-5752 1800

AGVET CHEMICAL USER COURSE – full course Thursday 16th and Thursday 23rd August (optional half day on Friday 24th for 1080 Endorsement) 9.00a.m – 5.00p.m (2 day course) Myrtleford Savoy Sporting Club $350* includes manual & lunch on both days This course provides the required training for many Industry QA Programs and is necessary to apply for the Victorian Agricultural Chemical Users Permit. LANDCARE MEMBER DISCOUNT—Landcare members have the opportunity to attend the course at a heavily discounted rate. Phone Kerry at TAFCO for more details.

We invite you to attend an OPEN DAY at the Myrtleford Historical Society and see first hand how they have preserved and displayed Tobacco Memorabilia in trust for the Tobacco Co-operative of Victoria. The Open House is sponsored by TAFCO Rural Supplies as part of the 25th Birthday Celebrations. WHEN: Sunday 24th June 2012 WHERE: Myrtleford Old School Museum Corner Albert & Elgin Streets Myrtleford TIME: 2.00p.m—4.00p.m COST: FREE

OPEN DAY Sunday 24th June

2.00-4.00p.m FREE ADMISSION

TAFCO is now stocking a range of Devondale products

including; cheese, butter, dairysoft and longlife milk.

BUY DIRECT FROM YOUR LOCAL CO-OPERATIVE

PLEASE NOTE THAT THE TAFCO BALL HAS BEEN CANCELLED