Important: This page is an independent reference summary. Verify classification decisions against the official ABS source before using them for tax, licensing, immigration or compliance purposes.

What this class covers

ANZSIC class 0142 classifies Australian businesses primarily engaged in specialised beef cattle farming operations. This classification applies to enterprises where beef cattle production is the main agricultural activity, typically involving breeding, raising, and maintaining herds for meat production rather than dairy purposes. These operations range from smaller family-run properties to extensive pastoral stations across Australia's cattle regions.

Typical operations in this class include breeding herds for beef production, raising weaners and yearlings for sale, maintaining breeding stock for commercial herds, and managing pasture-based grazing systems specifically for beef cattle. The classification emphasizes specialization, meaning the business focus is predominantly on beef cattle rather than mixed farming enterprises.

Examples of businesses that would typically fall under this classification include:

  • A Northern Territory cattle station specializing in Brahman cross breeding for export markets
  • A Queensland family farm running Angus cattle for domestic beef production
  • A Victorian operation focused on breeding Wagyu cattle for premium markets
  • New South Wales properties maintaining drought-adapted breeds for inland regions
  • Tasmanian farms specializing in grass-fed beef production for niche markets

Primary activities in plain English

This classification includes businesses primarily engaged in:

  • Raising beef cattle specifically for meat production rather than dairy purposes
  • Grazing domesticated buffalo as part of beef production operations
  • Providing agistment services specifically for dairy cattle (temporary grazing arrangements)
  • Farming dairy cattle replacements specifically for beef production purposes

These activities must represent the primary business focus rather than secondary or complementary operations.

Exclusions and nearby codes

Several related activities are specifically excluded from this classification and fall under separate ANZSIC codes:

The key distinction for ANZSIC 0142 is the specialized focus on beef cattle as the primary agricultural activity without significant involvement in these excluded activities.

Practical guidance

For Australian beef cattle farmers, proper ANZSIC classification is important for several practical reasons. When registering your business, you'll need to select the appropriate ANZSIC code for your ABN application, which should be 0142 if beef cattle farming is your specialized primary activity.

Tax reporting requirements for beef cattle farmers include reporting income through business tax returns and managing GST considerations specific to agricultural producers. Your ANZSIC classification may affect eligibility for certain agricultural grants, subsidies, or drought assistance programs that target specific farming sectors.

Workers' compensation classifications (WorkCover) vary by state but typically fall under rural and agricultural categories. Insurance providers also use ANZSIC codes to assess risk profiles and premium calculations for farming operations.

When completing business documentation or applying for financing, ensure your ANZSIC classification accurately reflects your actual operations, as misclassification could affect compliance or eligibility for industry-specific programs.