FHA asset limit locked in at $5 million

THE FEDERAL government has introduced legislation this week to maintain the net farm asset threshold for Farm Household Allowance (FHA) at $5 million.

FHA asset limit locked in at $5 million FHA asset limit locked in at $5 million FHA asset limit locked in at $5 million FHA asset limit locked in at $5 million FHA asset limit locked in at $5 million

Farmers asset tests to remain at $5 million.

Farmers will be able to access assistance when they are going through tough times with the government locking in the increased FHA asset cap as a permanent benchmark.

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