Understanding Farm Household Allowance: Support for Farmers

Farm Household Allowance (FHA) is a critical support program designed to assist Australian farmers and their partners facing financial hardship. Whether due to unexpected weather conditions, illness, or market changes, FHA offers a safety net to help farming families regain stability.

What is Farm Household Allowance?

FHA provides eligible farmers with income support, delivered at the same rate as the JobSeeker Payment or Youth Allowance, for up to 4 years within a 10-year period. This allowance can be utilized as needed and does not have to be claimed consecutively. In addition to income support, FHA offers access to a $10,000 Activity Supplement to fund skill development or financial advice, and up to $1,500 for a professional financial assessment. Recipients also receive a Health Care Card, providing further cost-of-living relief.

How the Activity Supplement Can Help

The Activity Supplement is a significant part of the FHA program, designed to help farmers build resilience and improve their financial stability. The $10,000 supplement can be used for a wide range of activities, including accessing expert advice, training, and professional services that can enhance both on-farm and off-farm skills. For example, farmers can use the funds to hire agronomists, attend business courses, or seek financial planning advice. This support enables farming families to not only address immediate financial difficulties but also to build a stronger, more sustainable future.

Who is Eligible?

Eligibility for FHA depends on meeting specific income and asset tests, with net farm and personal assets needing to be below $5.5 million and income must be below the cut-off for the JobSeeker Payment income test amount (see Cut-off points tables below). It’s essential not to self-assess eligibility but to apply and allow Services Australia to determine your qualification.

Source: Services Australia website

How CoggerGurry Chartered Accountants Can Help

Applications can be submitted online through a myGov account linked to Centrelink. For those unable to apply online, paper forms are available. At CoggerGurry Chartered Accountants, we understand the complexities of managing farm finances, especially during challenging times. Our team can guide you through the FHA application process, ensuring all necessary documentation is complete and accurate. We can also assist in making the most of the Activity Supplement by connecting you with relevant experts and advisors. Whether you need help with financial planning, business strategy, or improving your farm operations, we can support you in utilizing these funds effectively.

For personalized assistance, contact CoggerGurry Chartered Accountants today and let us help secure your financial future.

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New ID Verification Requirements

July 30, 2026

New Identity Verification Requirements – What Our Clients Need to Know From 1 July 2026, new Australian Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) legislation introduced additional obligations for accounting firms providing certain services. At Brentnalls Western Victoria, we are committed to making this process as simple and seamless as possible for our clients. Why are these changes happening? The new legislation is designed to help protect Australia's financial system from money laundering, terrorism financing and other financial crime. Many industries, including accounting, legal and real estate services, are now required to verify the identity of clients before providing certain regulated services. Will everyone need to verify their identity? No. These requirements only apply where we are providing a designated service under the AML/CTF legislation. We will notify you if your services falls under this category. Many of our clients will notice no change to the way we work together. If identity verification is required, we'll let you know and guide you through the process. How does the process work? Where identity verification is required, we'll send you a secure electronic verification request. The process is simple and usually takes just a few minutes using your smartphone or computer. You'll be guided through the steps, which may include: confirming your personal details providing identification documents (such as your driver's licence or passport) completing a quick facial verification to confirm your identity. Once your identity has been successfully verified, we'll continue with your engagement as normal. Is my information secure? Yes. We use BGLiD , a secure electronic identity verification platform designed specifically for Australian professional firms. Your personal information is encrypted and handled in accordance with Australian privacy laws. How can I help? If we ask you to complete an identity verification, we appreciate your prompt response. Completing the verification early helps us commence work without unnecessary delays. Want to know more? For more information about Australia's AML/CTF reforms and why businesses may ask for identification, visit the Australian Transaction Reports and Analysis Centre (AUSTRAC): AUSTRAC – Why you might be asked for ID Questions? If you have any questions about these new requirements or the identity verification process, please contact our team. We're happy to explain what the changes mean for your individual circumstances.

Erin White Appointed Principal and Business Manager

July 20, 2026

We are delighted to announce the promotion of Erin White to Principal and Business Manager at Brentnalls Western Victoria. Since joining the firm in 2024, Erin has played a key role in leading our people, strengthening our operations and helping shape the future direction of the firm. Erin's progress in the firm reflects her leadership across our business and her commitment to delivering exceptional outcomes for both our clients and our team. In addition to overseeing business operations, people and culture, strategic projects and marketing, Erin also works alongside clients to help them build stronger businesses through strategic planning and practical implementation. Having grown up, attended school and raised her two sons, Deacon and Xavier, in Western Victoria, Erin is passionate about supporting the businesses that help our regional communities thrive. Outside of work, she enjoys travelling, camping and spending time with her partner, Nathan, family and friends. Please join us in congratulating Erin on this exciting step. We look forward to the continued leadership and expertise she will bring to Brentnalls Western Victoria and to the positive impact she'll continue to have on our clients, our people and our community.

Succession Starts Long Before Retirement

By Cogger Gurry • July 20, 2026

Succession Starts Long Before Retirement With Stacey Shelden, Director, Brentnalls Western Victoria One of the biggest misconceptions I see is that succession planning begins when someone is ready to retire. In reality, that's often when families find themselves under pressure. The most successful succession plans I've been involved with didn't begin because someone wanted to step away from the business. They began years earlier, with simple conversations about the future. As we begin a new financial year, many business owners are taking stock of the year that's been and planning for the one ahead. They'll review financial performance, discuss tax outcomes, consider investments and set business goals. They're all important conversations. But I'd encourage you to ask one more question: Where do we want this business to be in ten years' time and are we preparing for that future today? Succession isn't simply about transferring ownership. It's about ensuring your business, your family and the next generation are ready for what's ahead. It means sharing knowledge, mentoring future leaders and gradually introducing the next generation to the decisions that shape the business. It means creating opportunities for them to understand not only how the business operates, but why decisions are made. Just as importantly, it means having open conversations as a family. Do everyone’s expectations align? Does the next generation actually want to take over the business? What does a successful transition look like for each family member? These conversations can feel difficult, which is why they're often delayed. Yet, in my experience, it's the families who start talking early who navigate succession with the greatest confidence. They have time to explore options, work through differing views and make decisions without the pressure of looming retirement or unexpected life events. The start of a new financial year is a natural time to think beyond the next twelve months. While you're planning for business growth and reviewing financial performance, take the opportunity to also consider your long-term vision. Because succession isn't a project to complete when retirement arrives. It's a process of preparing your business, and your family, for the future. The earlier you begin, the more choices you'll have, and the stronger your business will be for the generations that follow.