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Farm Management Deposits Scheme Program Closes: Ongoing Run By: Australian Government Department of Agriculture, Fisheries and Forestry Further Information: https://www.agriculture.gov.au/agriculture-land/farm-food-drought/drought/fmd

The Farm Management Deposit (FMD) Scheme assists primary producers to deal more effectively with fluctuations in cash flows. It is designed to increase the self-reliance of Australian primary producers by helping them manage their financial risk and meet their business costs in low-income years by building up cash reserves.

The scheme allows eligible primary producers to set aside pre-tax income which they can draw on in future years when they need it, such as for restocking or replanting when conditions start to improve.

Income deposited into an FMD account is tax deductible in the financial year the deposit is made. It becomes taxable income in the financial year in which it is withdrawn (repaid).

Last Updated: 28th of February 2024
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Support Plantation Establishment 2024–25 Grant Closes: 15th of April 2024 - 9:00 pm Value: $40,000 to unspecified maximum Run By: Australian Government Department of Agriculture, Fisheries and Forestry Further Information: https://www.grants.gov.au/Go/Show?GoUuid=534dc21a-6d94-42a5-bb3b-b2e4ac5226f1

The Support Plantation Establishment Program will run over 4 years from 2023–24 to 2026–27. The funding will support the establishment of new long-rotation softwood and hardwood plantation forests and assist the sector to respond to the projected growth in demand for domestically sourced timber resources. Through focusing on long-rotation plantation forests the program’s key intended outcomes are to increase domestic timber supply, particularly construction and manufacturing timber resources, and to contribute to Australia’s carbon emissions reduction commitments.

 

Last Updated: 12th of February 2024
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