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Department of Agriculture

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  6. Farm Management Deposits
  7. 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 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)
September 2022 45,405 $ 5,976,790 -2,879 -782,613
June 2022 48,284 $ 6,759,403 5,430 1,479,961
March 2022 42,854 $ 5,279,442 -308 -19,964
December 2021 43,162 $ 5,299,406 -659 -83,470
September 2021 43821 $ 5,382,876 -3,125 -813,771
June 2021 46946 $ 6,196,647 2,910 932,361
March 2021 44036 $ 5,264,286 -312 -36,545
December 2020 44348 $ 5,300,831 -587 -95,488
September 2020 44935 $ 5,396,319 -4,334 -1,097,391
June 2020g 49,269 $ 6,493,710 2,120 895,492
March 2020 47149 $ 5,598,218 -460 -54,092
December 2019 47609 $ 5,652,310 -735 -93,743
September 2019 48344 $ 5,746,053 -5,446 -1,008,726
June 2019 53790 $ 6,754,779 4,596 1,393,103
March 2019 49194 $ 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 $ 6,616,839 5,537 1,396,761
March 2018 a 49019 $ 5,220,078 -998 -25,842
December 2017 a 50017 $ 5,245,920 -806 -56,544
September 2017* 50823 $ 5,302,464 -3,521 -808,137
June 2017* 54344 $ 6,110,601 7,666 1,812,950
March 2017 46678 $ 4,297,651 272 16,774
December 2016 46406 $ 4,280,877 -938 -52,436
September 2016 47344 $ 4,333,313 -4,043 -734,517
June 2016 51387 $ 5,067,830 7,483 1,127,725
March 2016 43904 $ 3,940,105 -814 -19,804
December 2015 44718 $ 3,959,909 -625 -43,529
September 2015 45343 $ 4,003,438 -3,170 -600,709
June 2015b 48513 $ 4,604,147 6,383 1,065,832
March 2015b 42130 $ 3,538,315 -200 -9,232
December 2014b 42330 $ 3,547,547 -462 -51,511
September 2014b 42792 $ 3,599,058 -3,671 66,954
June 2014 46463 $ 3,532,104 4,746 614,650
March 2014 41717 $ 2,917,454 -333 -306,484
December 2013 42050 $ 3,223,938 -1,429 -52,514
September 2013 43479 $ 3,276,452 -3,563 -444,354
June 2013 47042 $ 3,720,806 4,455 697,099
March 2013 42587 $ 3,023,707 -232 4
December 2012 42819 $ 3,023,703 131 -54,266
September 2012 42688 $ 3,077,969 -3,775 -454,135
June 2012 46463 $ 3,532,104 4,746 614,648
March 2012 41717 $ 2,917,456 -286 -14,540
December 2011 42003 $ 2,931,996 -596 -39,486
September 2011 42599 $ 2,971,482 -1,961 -244,909
June 2011 44560 $ 3,216,391 7,381 831,684
March 2011 37179 $ 2,384,707 220 27,426
December 2010 36959 $ 2,357,281 -705 -58,044
September 2010 37664 $ 2,415,325 -3,352 -368,178
June 2010 41016 $ 2,783,503 2,557 350,083
March 2010 38459 $ 2,433,420 -1,350 -50,515
December 2009 39809 $ 2,483,935 -1,009 -77,249
September 2009 40818 $ 2,561,184 -2,991 -281,814
June 2009 43809 $ 2,842,998 1,498 350,892
March 2009c 42311 $ 2,492,106 380 -19,844
December 2008 41931 $ 2,511,950 -808 -55,137
September 2008 42739 $ 2,567,087 -3,019 -311,684
June 2008 45758 $ 2,878,771 4,734 549,026
March 2008 41024 $ 2,329,745 307 -61,423
December 2007 40717 $ 2,391,168 1,178 -5,693
September 2007 39539 $ 2,396,861 -4,405 -384,708
June 2007 43944 $ 2,781,569 3,059 447,706
March 2007 40885 $ 2,333,863 2,490 86,742
December 2006 38395 $ 2,247,121 -39 62,419
September 2006d 38434 $ 2,184,702 -6,186 -450,233
June 2006e 44620 $ 2,634,935 3,037 277,865
March 2006e 41583 $ 2,357,070 1,459 -32,146
December 2005 40124 $ 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 2004f 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, 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

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.

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Last updated: 01 February 2023

© Department of Agriculture, Fisheries and Forestry

We acknowledge the Traditional Owners of country throughout Australia and recognise their continuing connection to land, waters and culture. We pay our respects to their Elders past, present and emerging.