Farms

If the client owns a house on a farm, and the house is the principal residence of the client's partner or dependent child, the farm is not included as an asset in the financial means assessment.

If the client has chosen to have the $300,811 (as at 1 July 2026) threshold applied, the house and farm are not exempt (they must be included as an asset in the financial means assessment).

If the client applies for a review of their financial means assessment and the house is no longer the principal residence of their partner or dependent child, or they choose the $300,811 (as at 1 July 2026) threshold, the house and farm must be included as an asset in the financial means assessment.