Historical Farm Management Deposit Statistics

​​​​​​​​​​​​​​​​​​​Note: legislation allowing primary producers to hold multiple FMD accounts with multiple financial institutions came into effect on 29 November 2011. As a result, the total number of accounts after that date may not indicate the true number of primary producers participating in the FMD Scheme. Prior to November 2011 primary producers were only allowed to hold their FMD accounts with one financial institution.

These monthly FMD statistics are derived from data provided by Authorised Deposit-taking Institutions (ADIs) (such as banks and credit unions). These statistics may, due to the complex nature of FMDs, include a level of discrepancy, leading to a minor overstatement or understatement of the actual holdings eligible for the FMD taxation concessions. The Australian Government, acting through the Department of Agriculture and Water Resources, has exercised due care in compiling this information. Notwithstanding, the department, its employees and advisers disclaim all liability, including liability for negligence, for any loss, damage, injury, expense or cost incurred by any person as a result of accessing, using or relying upon any of the information or data on FMDs to the maximum extent permitted by law.

^a The number of accounts and value of holdings for October 2017, November 2017, December 2017, January 2018, February 2018, March 2018 and April 2018 were adjusted in June 2018. One financial institution submitted revised returns for these months because some FMD holdings were missing when they initially lodged the returns, due to an oversight by the financial institution.

^b The number of accounts and value of holdings for June 2015, March 2015, December 2014 and September 2014 were adjusted in February 2016, following the lodgment from one financial institution of revised returns with corrected ANZSIC codes (industry types).

^c March 2009 quarter figures have been adjusted to reduce duplication of holders with more than one account and attribute them to different commodities.

^d The September 2006 total has not been adjusted and does not include data with incomplete location and industry description details.

^e March and June 2006 quarters’ number of holders figures have been adjusted to reflect discrepancies found during a transition to a new process for reporting FMDs.

^f December 2004 quarter figures have been revised as a result of four financial institutions discovering previous errors in their reporting systems which were adjusted at the commencement of the March 05 quarter. Specifically, December 2004 quarter figures were adjusted downward by $1,817,000 in aggregate FMD holdings and by 1,052 FMD holders.