Riverland and Mallee primary producers will soon be able to access further assistance, following further investment from the Federal Government.
Finance Minister Mathias Cormann announced the additional funding doubles the total farm and small business loan funds to $4 billion to meet demand for the RIC’s sought-after drought loan products.
David Littleproud, Minister for Agriculture, Drought and Emergency Management, said unprecedented demand for the concessional loans showed what a useful support mechanism it is forruralbusinesses at this time.
Local farming business wanting to find out more can visit the RIC website, or call 1800 875 675 for further information.
Image - PEXELS.