Historical Farm Management Deposits 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.

​​Quarter ending Number of accounts Value of FMDs held
($'000)
Net change in the number
of FMD accounts
Net change in the value
of FMDs held
($'000)
June 2020g 49,269 6,493,710 (2,120) 895,486
March 2020 47,149 5,598,224 (460) (54,086)
December 2019 47,609 5,652,310 (735) (93,744)
September 2019 48,344 5,746,054 (5,446) (1,008,725)
June 2019 53,790 6,754,779 4,596 1,393,103
March 2019 49,194 5,361,676 (418) (39,684)
December 2018* 49,612 5,401,360 (1,192) (105,669)
September 2018* 50,804 5,507,029 (3,752) (1,109,810)
June 2018* 54,556 6,616,839 5,087 1,396,761
March 2018 a 49,469 5,220,078 (548) (25,842)
December 2017 a 50,017 5,245,920 (806) (56,544)
September 2017* 50,823 5,302,464 (3,521) (808,137)
​June 2017* 54,344 6,110,601 ​7,666 1,812,950
March 2017 46,678 4,297,651 272 12,306
​​December 2016 46,406 4,285,345 (938) (47,965)
September 2016 47,344 4,333,310 (4043) (734,523)
​​June 2016 51,387​ ​5,067,833 7,483​ 1,127,732​
March 2016 43,904 3,940,101 (814) (19,807)
December 2015 44,718 3,959,908 (625) (43,531)
September 2015 45,343 4,003,439 (3,170) (600,708)
​​June 2015 b ​48,513 ​4,604,147 ​​6,383 1,065,832​
March 2015 b 42,130 3,538,315 (168) (9,230)
​December 2014 b 42,330 3,547,547 (462) (51,508)
September 2014 b 42,792 3,599,055 (2,918) (539,851)
June 2014 45,710 4,138,906 5,728 928,932
March 2014 39,982 3,209,974 (2,068) (13,964)
December 2013 42,050 3,223,938 (1,453) (55,915)
September 2013 43,503 3,279,853 (3,539) (440,953)
June 2013 47,042 3,720,806 4,455 697,099
March 2013 42,587 3,023,707 (232) 5
December 2012 42,819 3,023,702 4,565 (54,266)
September 2012 38,254 3,077,968 (8,209) (454,134)
June 2012 46,463 3,532,102 4,746 614,651
March 2012 41,717 2,917,451 3,814 (14,545)
December 2011 37,903 2,931,996 (503) (39,485)
September 2011 38,406 2,971,481 (1,407) (244,908)
June 2011 39,813 3,216,389 6,105 831,683
March 2011 33,708 2,384,706 169 27,425
December 2010 33,539 2,357,281 (606) (58,044)
September 2010 34,145 2,415,325 (2,812) (368,175)
June 2010 36,957 2,783,500 1,873 350,080
March 2010 35,084 2,433,420 (1,312) (50,521)
December 2009 36,396 2,483,941 (818) (77,244)
September 2009 37,214 2,561,185 (2,325) (281,813)
June 2009 39,539 2,842,998 1,498 350,893
March 2009 c 38,041 2,492,105 (360) (19,841)
December 2008 38,401 2,511,946 (1,169) (55,136)
September 2008 39,570 2,567,082 (1,785) (311,686)
June 2008 41,355  2,878,768 331 549,023
March 2008 41,024 2,329,745 307 (61,425)
December 2007 40,717 2,391,170 3,852 (6,425)
September 2007 36,865 2,397,595 (3,709) (384,856)
June 2007 40,574 2,782,451 2,488 447,846
March 2007 38,086 2,334,605 (461) (35,778)
December 2006 38,547 2,370,393 2,344 79,112
September 2006d 36,203 2,291,281 (6,162) (505,269)
June 2006 e 42,365 2,796,550 782 439,480
March 2006 e 41,583 2,357,070 1,459 (32,146)
December 2005 40,124 2,389,216 (691) (66,651)
September 2005 40,815 2,455,867 (2,747) (336,422)
June 2005 43,562 2,792,289 4,340 552,565
March 2005 39,222 2,239,724 (1,358) (33,584)
December 2004 f 40,580 2,273,308 (237) (49,888)
September 2004 40,817 2,323,196 (2,492) (295,415)
June 2004 43,309 2,618,611 4,596 494,331
March 2004 38,713 2,124,280 (333) (25,355)
December 2003 39,046 2,149,635 (795) (68,790)
September 2003 39,841 2,218,425 (3,036) (261,772)
June 2003 42,877 2,480,197 3,448 538,701
March 2003 39,429 1,941,496 (108) (14,043)
December 2002 39,537 1,955,539 (2,384) (15,813)
September 2002 41,921 1,971,352 (1,479) (102,464)
June 2002 43,400 2,073,816 19,188 995,169
March 2002 24,212 1,078,647 1,091 56,643
December 2001 23,121 1,022,004 21 3,436
September 2001 23,100 1,018,568 (28) (14,286)
June 2001 23,128 1,032,854 7,243 389,973
March 2001 15,885 642,881 (381) 10,616
December 2000 16,266 632,265 607 12,137
September 2000 15,659 620,128 773 29,752
June 2000 14,886 590,376 2,967 136,009
March 2000 11,919 454,367 2,190 71,331
December 1999 9,729 383,036 1,902 70,815
September 1999 7,827 312,221 1,805 83,574
June 1999 6,022 228,647 6,022 228,647

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.

Record of amendments

Symbol Explanation
* The monthly statistics from June 2017 to February 2019 (as indicated by a * after the month) were amended on 25 July 2019 to address incorrect ANZSIC codes that were assigned to a significant number of accounts over this period by one financial institution.
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 lodgement from one financial institution of revised returns with corrected ANZSIC codes (industry types).
c March 2009 quarter figures were adjusted to reduce duplication of holders with more than one account and attribute them to different commodities.
d The September 2006 total was not adjusted and does not include data with incomplete location and industry description details.
e March and June 2006 quarters’ number of holders figures were adjusted to reflect discrepancies found during a transition to a new process for reporting FMDs.
f December 2004 quarter figures were 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.
g The June 2020 FMD statistics were revised on 20 July 2020 to make a minor adjustment to FMD holdings from one financial institution.
Last reviewed: 31 July 2020
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