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Department of Agriculture and Water Resources, 2018 The animal residue testing datasets 2017-18 outline testing that was carried out on animal products in the 2017-18 financial year, under the…
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How do FMDs work?
You can set aside pre-tax income in one financial year to draw from in future years when you need it. Income deposited in an FMD account is tax deductible in the year the deposit is made. The FMD becomes part of your taxable income in the year it is withdrawn (repaid).
How…
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A financial institution can include a Farm Management Deposit (FMD) product in its product range if it meets the Australian Government's prudential requirements or is government-guaranteed. This includes most banks, credit unions and building societies.
Financial institutions offering FMDs…
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The Australian Bureau of Agricultural and Resources Economics and Sciences (ABARES) prepare annual reports and an interactive data dashboard on the level of lending to the agriculture sector. Reports are based on data collected by the Australian Prudential Regulation Authority (APRA) on behalf of…
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Overview
Wheat is the major winter crop grown in Australia with sowing starting in autumn and harvesting, depending on seasonal conditions, occurring in spring and summer. The main producing states are Western Australia, New South Wales, South Australia, Victoria and Queensland.
The…
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On 20 September 2012, the Minister for Agriculture, Fisheries and Forestry, Senator the Hon. Joe Ludwig received a formal proposal from the Australian Sugar Industry Alliance (ASA) to restructure…
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Overview
There are around 2,000 family operated farm businesses growing rice in the Murrumbidgee valleys of NSW and the Murray valleys of NSW and Victoria. In NSW all growers are shareholders of…
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Levies are collected under Commonwealth legislation to fund research and development and plant health integrity for the grains, sugar, cotton, rice and pasture seeds industries. The Australian Government provides capped matching funds, on a dollar-for-dollar basis.
The Grains, Sugar and…
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The Department manages Australia’s membership of the International Grains Council, The International Sugar Organisation and the International Cotton Advisory Committee.
These organisations aim to…
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