QRAA has come a long way since its early beginnings in 1986 when it was known as the Government Schemes Division, a division of the Queensland Industry Development Corporation (QIDC).
On 1 October 1994, QRAA completely separated from QIDC and became a Statutory Authority, known as the 'Queensland Rural Adjustment Authority' that reported to the State Government. Although QRAA had changed names, it assumed the major activities of the Government Schemes Division of QIDC.
Amendments have recently been made to QRAA's Act and were passed in parliament in October 2004 to refocus the direction of the organisation and the scope of assistance programs that we can offer.
As a result of the legislative review, our organisation is now known as 'QRAA'; the name change will more accurately represent the products and services we offer, as they will no longer be confined to 'rural adjustment', but can also include administration of assistance schemes for sectors other than those with a rural focus.
QRAA's primary function remains to properly and fairly administer State and Commonwealth approved schemes of support for Queensland industry.
Agentis Australia is an established trading entity of QRAA, which may be used when administering programs on behalf of the Commonwealth or other state governments where suitable.
As we look to the future, we are confident that QRAA will continue to foster relationships with industry, bankers and other key stakeholders and that there will be a constant drive to actively seek programs from other government departments.