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FHA eligibility widened, assistance increased after review
Tuesday, 9 June 2020
If you have previously failed the Federal Government’s eligibility test for the Farm Household Allowance, you should take it again to see if you now qualify. Following a lengthy review process, a change to the limit on off-farm investments from $387,000 for couples means that as of 11 June there will be a single asset threshold of $5.5 million.
The activity supplement, used for training, upskilling and professional advice, has also increased from $4000 to $10,000.
For more information, make sure to visit Services Australia’s Farm Household Allowance website. |
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