Income and assets tests

You must meet an income and assets test to get Farm Household Allowance.

Income test

Your income must be below the cut off for the JobSeeker Payment income test.

We’ll also look at any non-farm income when working out your payment.

Read more in the Farm Household Allowance Guidelines on the Department of Agriculture, Water and the Environment website.

Forced disposal of livestock

We may exempt money you get from the forced disposal of livestock from the income test. We’ll exempt the income if you deposit it in a Farm Management Account.

Forced disposal includes selling or destroying livestock due to drought or natural disaster. It may also include when:

  • your farm can’t support the livestock
  • you have concern for the welfare of the livestock
  • the law requires you to dispose of the livestock.

Non-farm income

Your non-farm income can affect your payment. You must tell us how much you earn each fortnight. Read how to report your income.

If your farm is losing money, we’ll use that loss to offset your non-farm income. We’ll do this if you earn less than $0 from your combined farm business activities. We’ll calculate your farm business loss as an average fortnightly amount. We’ll then reduce your fortnightly non-farm income by that amount when working out how much you can get. We’ll use farm losses to reduce non-farm income up to $100,000 per individual or couple, each financial year.

You don’t have to apply to offset your income. We’ll assess this when you report your income.

To find out more about farm business losses, call the Farmer Assistance Hotline.

Assets test

To get Farm Household Allowance you need to meet an assets test. Your combined personal and farm assets must be below $5.5 million.

Assets include:

  • farmland
  • farm machinery
  • livestock and crops
  • houses (excluding your principle residence on land up to 2 hectares)
  • home contents
  • cash
  • all your financial accounts including farm management deposits.

You must tell us of any changes to your circumstances. This includes money you get from the forced disposal of livestock or any other changes to your on-farm income.

Page last updated: 11 June 2020