
Gippsland farm collaboration shows how equity partnerships build value, expand assets and boost dairy herd performance.
In Gippsland, Victoria, dairy managers Colleen Laws and Garry Cook have leveraged a partnership model with Thexton Farms to achieve tangible asset growth and professional stability. Their property at Cobains operates under a lease-back arrangement with equity ownership retained in key assets, such as a substantial 471-megalitre irrigation licence, giving the couple a solid foundation for long-term business planning and growth.
The partnership was formed after the couple completed Dairy Australia’s Our Farm Our Plan program, which helped clarify business goals and proved instrumental in guiding decision-making. Rather than traditional share-farming or wage-based roles, Colleen and Garry entered a formal operations contract with Thexton Farms directors, aligning incentives across production, infrastructure investment and profitability, a structure that Colleen credits with demonstrable asset growth within the business.
Today the enterprise, known as Oakdale Farms, runs about 500 milking cows on 114 hectares with current production at 580 kg milk solids per hectare, and plans to push toward 600 kg/ms per hectare through improved feeding strategies and animal health management. Recent infrastructure upgrades, including a 44-unit rotary dairy with automatic cups plus silos and a ramp, have modernised operations and are part of a broader push to drive productive performance and long-term resilience.
Operational adjustments reflect a focus on genetic selection and reproductive efficiency, including shortening the AI joining period and tight management of animal health, alongside bespoke herd decisions such as mating heifers to Angus and Jersey sires while removing chronically mastitic cows. These production practices — combined with payroll for additional labour — illustrate how the partnership balances daily farm management with strategic growth objectives.
Looking forward, the couple is discussing a second farm purchase in partnership and bringing on a farm manager to support expansion, underscoring the confidence they have in collaborative models over sole ownership. Both also emphasise mentoring younger staff — including a promising full-time employee brought on in late 2024 — reflecting how strategic human capital development complements asset growth in modern Australian dairy.
Source: Dairy News Australia – https://www.dairynewsaustralia.com.au/news/partnership-benefits-asset-growth/
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