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  5. Farm Management Deposits
  6. Historical Farm Management Deposits Statistics

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  • Farm Management Deposits
    • Farm Management Deposits Statistics
    • Historical Farm Management Deposits Statistics
    • Information for Authorised Deposit-taking Institutions (ADIs)
    • Information for primary producers
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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 endingNumber of accounts*Value of FMDs held
($'000)
Net change in the number of
FMD accounts
Net change in the value of
FMDs held ($'000)
March 202541,114$5,983,485-223-27,553
December 202441,337$6,011,038-540-89,593
September 202441,877$6,100,630-3000-920,869
June 202444,877$7,021,5001,8501,075,347
March 202443,027$5,946,152-450-68,324
December 202343,477$6,014,476-794-116,675
September 202344,271$6,131,151-3,397-977,448
June 202347,668$7,108,5993,2401,286,548
March 202344,428$5,822,051-311-50,272
December 202244,739$5,872,323-666-104,468
September 202245,405$5,976,790-2,879-782,613
June 202248,284$6,759,4035,4301,479,961
March 202242,854$5,279,442-308-19,964
December 202143,162$5,299,406-659-83,470
September 202143821$5,382,876-3,125-813,771
June 202146946$6,196,6472,910932,361
March 202144036$5,264,286-312-36,545
December 202044348$5,300,831-587-95,488
September 202044935$5,396,319-4,334-1,097,391
June 2020g49,269$6,493,7102,120895,492
March 202047149$5,598,218-460-54,092
December 201947609$5,652,310-735-93,743
September 201948344$5,746,053-5,446-1,008,726
June 201953790$6,754,7794,5961,393,103
March 201949194$5,361,676-418-39,684
December 2018*49612$5,401,360-1,192-105,669
September 2018*50804$5,507,029-3,752-1,109,810
June 2018*54556$6,616,8395,5371,396,761
March 2018 a49019$5,220,078-998-25,842
December 2017 a50017$5,245,920-806-56,544
September 2017*50823$5,302,464-3,521-808,137
June 2017*54344$6,110,6017,6661,812,950
March 201746678$4,297,65127216,774
December 201646406$4,280,877-938-52,436
September 201647344$4,333,313-4,043-734,517
June 201651387$5,067,8307,4831,127,725
March 201643904$3,940,105-814-19,804
December 201544718$3,959,909-625-43,529
September 201545343$4,003,438-3,170-600,709
June 2015b48513$4,604,1476,3831,065,832
March 2015b42130$3,538,315-200-9,232
December 2014b42330$3,547,547-462-51,511
September 2014b42792$3,599,058-3,67166,954
June 201446463$3,532,1044,746614,650
March 201441717$2,917,454-333-306,484
December 201342050$3,223,938-1,429-52,514
September 201343479$3,276,452-3,563-444,354
June 201347042$3,720,8064,455697,099
March 201342587$3,023,707-2324
December 201242819$3,023,703131-54,266
September 201242688$3,077,969-3,775-454,135
June 201246463$3,532,1044,746614,648
March 201241717$2,917,456-286-14,540
December 201142003$2,931,996-596-39,486
September 201142599$2,971,482-1,961-244,909
June 201144560$3,216,3917,381831,684
March 201137179$2,384,70722027,426
December 201036959$2,357,281-705-58,044
September 201037664$2,415,325-3,352-368,178
June 201041016$2,783,5032,557350,083
March 201038459$2,433,420-1,350-50,515
December 200939809$2,483,935-1,009-77,249
September 200940818$2,561,184-2,991-281,814
June 200943809$2,842,9981,498350,892
March 2009c42311$2,492,106380-19,844
December 200841931$2,511,950-808-55,137
September 200842739$2,567,087-3,019-311,684
June 200845758$2,878,7714,734549,026
March 200841024$2,329,745307-61,423
December 200740717$2,391,1681,178-5,693
September 200739539$2,396,861-4,405-384,708
June 200743944$2,781,5693,059447,706
March 200740885$2,333,8632,49086,742
December 200638395$2,247,121-3962,419
September 2006d38434$2,184,702-6,186-450,233
June 2006e44620$2,634,9353,037277,865
March 2006e41583$2,357,0701,459-32,146
December 200540124$2,389,216-691-66,651
September 200540,8152,455,867(2,747)(336,422)
June 200543,5622,792,2894,340552,565
March 200539,2222,239,724(1,358)(33,584)
December 2004f40,5802,273,308(237)(49,888)
September 200440,8172,323,196(2,492)(295,415)
June 200443,3092,618,6114,596494,331
March 200438,7132,124,280(333)(25,355)
December 200339,0462,149,635(795)(68,790)
September 200339,8412,218,425(3,036)(261,772)
June 200342,8772,480,1973,448538,701
March 200339,4291,941,496(108)(14,043)
December 200239,5371,955,539(2,384)(15,813)
September 200241,9211,971,352(1,479)(102,464)
June 200243,4002,073,81619,188995,169
March 200224,2121,078,6471,09156,643
December 200123,1211,022,004213,436
September 200123,1001,018,568(28)(14,286)
June 200123,1281,032,8547,243389,973
March 200115,885642,881(381)10,616
December 200016,266632,26560712,137
September 200015,659620,12877329,752
June 200014,886590,3762,967136,009
March 200011,919454,3672,19071,331
December 19999,729383,0361,90270,815
September 19997,827312,2211,80583,574
June 19996,022228,6476,022228,647

* If an FMD holder has more than one account in the same industry with a financial institution, only one account is recorded in the published data. For example, if a holder has five accounts within the beef industry, one account is attributed to beef. If that FMD holder also has an account in a different industry, one count for each industry is included in the published data.

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, Fisheries and Forestry, 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.

Due to the rounding of state and territory figures, some totals in this report may vary by a small margin.

Record of amendments

SymbolExplanation
*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.
aThe 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.
bThe 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).
cMarch 2009 quarter figures were adjusted to reduce duplication of holders with more than one account and attribute them to different commodities.
dThe September 2006 total was not adjusted and does not include data with incomplete location and industry description details.
eMarch and June 2006 quarters’ number of holders figures were adjusted to reflect discrepancies found during a transition to a new process for reporting FMDs.
fDecember 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.
gThe June 2020 FMD statistics were revised on 20 July 2020 to make a minor adjustment to FMD holdings from one financial institution.

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Page last updated: 14 April 2025

We acknowledge the continuous connection of First Nations Traditional Owners and Custodians to the lands, seas and waters of Australia. We recognise their care for and cultivation of Country. We pay respect to Elders past and present, and recognise their knowledge and contribution to the productivity, innovation and sustainability of Australia’s agriculture, fisheries and forestry industries.

Artwork: Protecting our Country, Growing our Future
© Amy Allerton, contemporary Aboriginal Artist of the Gumbaynggirr, Bundjalung and Gamilaroi nations.

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