Support available for eligible applicants:
Farm Innovation Fund
A loan scheme for capital works to a value of $250K (eg sheds, silos, water storage) for infrastructure works to prepare for dry conditions, to be more resilient and improve on-farm efficiency.
Drought Assistance Fund
A one-off $50,000 interest free loan to transport stock, fodder and water, and installing on-farm fodder and water infrastructure. Seven year interest free repayment terms. No repayment required in the first two years.
Farm Household Allowance
Income Support for eligible farmers and their partners for up to three years. Contact the Rural Financial Counselling Service on 132 316.
Primary producers can immediately deduct the cost of fodder storage assets, such as silos and hay sheds used to store grain and other animal feed storage.