Drought Relief Support Programs available for growers

Drough Relief Support Programs Available

Regional Investment Corporation Drought Loans
Overview: No fees, 3.11% variable interest rate, Loan Amount Up to $2 million, Apply anytime.
Use this loan to: Prepare your farm business for drought, manage and recover from the effects of drought, refinance existing debt, access new debt for operating expenses and capital.
https://www.ric.gov.au/farmers/drought

Regional Investment Corporation Farm Investment Loan
Overview: No fees, 3.11% variable interest rate, Up to $2 million, Apply anytime.
Use this loan to: Improve long-term strength, resilience and profitability, diversify your markets, refinance existing debt, prepare for, manage through or recover from drought, access new debt for operating expenses and capital.
https://www.ric.gov.au/farmers/farm-investment

Farm Household Allowance (FHA) provides assistance to farming families experiencing financial hardship, the support provided is: A fortnightly payment and supplementary allowances such as rent assistance, telephone and pharmaceutical allowances and a Health Care Card, individual case support with a Farm Household Case Officer (FHCO) and a Rural Financial Counsellor (RFC), a financial assessment of the farm enterprise up to $1,500, a $4,000 activity supplement that gives farmers an opportunity to develop skills, access training and pay for advice to better manage their business into the future. Apply Here: https://www.business.gov.au/assistance/farm-household-allowance-program