$320M drought aid package
The Australian Government’s $320 million drought aid package provides concessional loan assistance to support viable farming enterprises that are struggling with the persistent dry.
The loans are available for a five year term with an interest rate of four per cent. As part of the application process, primary producers will need to provide a Bureau of Meteorology Rainfall Deficiency Report.
For more information about this scheme and to apply, contact the Queensland Rural Adjustment Authority on Freecall 1800 623 946 or visit http://www.qraa.qld.gov.au/current-programs.