The Australian Parliament has passed legislation boosting the Farm Management Deposit scheme, with the changes to take effect from 1 July 2016. The changes, announced in the Government’s 2015 Agricultural Competitiveness White Paper, recognise the challenges faced by modern farming businesses and give Australian farmers another tool to manage risk and plan for the future.
Disclaimer: Whilst all care has been taken in compiling the information, the information should not be relied upon as substitute for professional advice where necessary. Rural Bank Limited accepts no responsibility for the accuracy, completeness or timeliness of the information and disclaims all liability in relation to any loss or damage suffered by the use of or reliance upon any information contained herein or in any attachment or annexure hereto by any person. Rural Bank - A Division of Bendigo and Adelaid Bank ABN 11 068 049 178 AFSL/Australian Credit Licence 237879.