Farm Innovation Fund Loans

The NSW Government has committed $1 billion to the Farm Innovation Fund under the Emergency Drought Relief Package 2019-20.

From 1 July 2019, farmers can borrow up to a maximum of $1 million per project, with a total of $1,000,000 outstanding at any one time to build on-farm infrastructure, including stock containment areas.

In addition, interest charges on Farm Innovation Fund loans for the 2019-20 financial year will be also be waived.

For further information check the RAA website.