Drought Concessional Loans are now available to assist farm businesses recover from and prepare for future droughts and return to viability in the longer term. Under the scheme, the Australian Government will provide Queensland with $100 million for the provision of Drought Concessional Loans in 2013-14 and 2014-15.
The application period for 2014-15 opened on 1 July 2014 and will close on 30 April 2015. The Australian Government is providing $30 million in 2014-15 for Concessional Loans to eligible Queensland farm businesses for debt restructuring.
The Queensland State Government has introduced a new assistance program to help eligible applicants recover from the financial impacts of carrying out short-term quarantine of cattle because of bovine Johne’s disease.
The Queensland Government has implemented a personal protective equipment (PPE) rebate scheme to assist private veterinary practices in offsetting the cost of eligible PPE for use by veterinary surgeons in the testing of suspect Hendra virus cases.
The Minister for Police, Fire and Emergency Services announced on 14 April 2014 that concessional loans for primary producers affected by Tropical Cyclone Ita are now available.
QRAA Productivity Loans
Finance up to $650,000 to cover capital costs to achieve a more productive and sustainable primary production enterprise.
Finance up to $650,000 to assist in the early years of establishing a primary production enterprise.
Table of current QRAA interest rates for First Start and Sustainability Loans.