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Bill

Farm Household Support Amendment (Temporary Measures) Bill 2018

passed, as at 2018-08-24. Agriculture and Water Resources portfolio.

Sponsor
Not recorded
Portfolio
Agriculture and Water Resources

Recorded stages

Divisions

Plain-language summary

Written by a model from the explanatory memorandum; not the record, as at 2018-08-16.

This bill temporarily raises the cap on farm assets and adds a two-part payment top-up for eligible recipients of the Farm Household Allowance.

The top-up and the higher asset limit would apply only until mid-2019, with the exact start date for the new asset ceiling set by ministerial rule.

Under the current rules, the farm asset limit is $2.635 million, and the bill would raise it to $5 million until 30 June 2019.

Farmers and their partners who receive the Farm Household Allowance.

Sources

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