Drought Recovery Concessional Loans are now available to help eligible farm businesses undertake planting and restocking activities. The Australian Government has committed $50 million for the provision of Drought Recovery Concessional Loans in Queensland in 2014-15.
Drought Concessional Loans are 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 has provided 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.
Low interest loans up to $250,000 for primary producers, small businesses and a low interest loan and grant package up to $105,000 for non-profit organisations directly affected by Severe Tropical Cyclone Marcia and associated trough, impacting Capricorn and Southern East Coast between 19 - 22 February 2015, are now available.
Low interest loans up to $100,000 for primary producers and small business which have suffered a significant loss of income as a result of Severe Tropical Cyclone Marcia and associated trough, impacting Capricorn and Southern East Coast between 19 - 22 February 2015 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.