Farm Business Concessional Loans Scheme

​On 9 May 2017 the Australian Government announced:

  • that until the Regional Investment Corporation is open for business, it is intended that farm businesses will be able to continue to apply for the Farm Business Concessional Loans Scheme through their state or Northern Territory delivery agency
  • the expansion of the Farm Business Concessional Loans Scheme eligibility to farmers who have exhausted their full three year entitlement to the Farm Household Allowance.

The Australian Government has made $250 million available under the Farm Business Concessional Loans Scheme until 30 June 2017 for Drought Assistance Concessional Loans and Dairy Recovery Concessional Loans.

More jurisdictions are expected to open for applications shortly. Please visit this website for updates on whether applications have opened in your jurisdiction.

Eligibility criteria for Dairy Recovery Concessional Loans have been expanded to include Victorian farm businesses who supplied milk to National Dairy Products in 2015–16.

Drought Assistance Concessional Loans

Jursidiction

Delivery Agency

Queensland (applications now open to 30 June 2017)

QRAA

Tasmania (applications now open to 30 June 2017)

State Growth

New South Wales (applications now open to 30 June 2017) NSW RAA
Victoria (applications now open to 30 June 2017) Rural Finance
South Australia (applications now open to 30 June 2017) PIRSA
Northern Territory (applications now open to 30 June 2017) DPIR

Dairy Recovery Concessional Loans

Jursidiction

Delivery Agency

Tasmania (applications now open to 30 June 2017)

State Growth

New South Wales (applications now open to 30 June 2017)​ NSW RAA
Victoria (applications now open to 30 June 2017) Rural Finance
South Australia (applications now open to 30 June 2017) PIRSA
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