The Regional Investment Corporation opened on 1 July 2018.
The Regional Investment Corporation will deliver new low-interest loans directly to farm businesses. It will also administer financing to state and territory governments through the National Water Infrastructure Loan Facility.
To find out more about the loans, visit the Regional Investment Corporation’s website.
Regional Investment Corporation
The Australian Government established the Regional Investment Corporation (RIC) to deliver up to $2 billion in Commonwealth farm business concessional loans and the $2 billion National Water Infrastructure Loan Facility.
The RIC streamlines the administration of farm business loans to ensure they are delivered in a nationally consistent and efficient manner.
The RIC is a corporate Commonwealth entity. Its enabling legislation is available on the Federal Register of Legislation website. It has an independent Board whose role is to ensure the proper, efficient and effective performance of the RIC’s functions.
More information on the RIC is available on the Regional Investment Corporation website.