Menu
Business

Farmers offered package to help solve debt woes

THE Federal Government will today announce a package of measures aimed at helping struggling farmers alleviate their debt.

Under the scheme, farmers will be offered low-interest loans of up to $650,000 over two years to help them restructure debt and invest in productivity.

The Farm Management Deposits Scheme will also be expanded to allow more farmers to take advantage of the generous tax deductions.

There will be more rural financial counsellors and the Government will work with banks to ensure farmers are receiving consistent financial advice across the country.

Agriculture Minister Joe Ludwig says the package will help "lighten the load" for farmers struggling with the high Australian dollar and depreciating land values.

Read more at ABC news online

Topics:  agriculture debt farmers


Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Expert raised contamination concerns at Linc site

The court heard from geologist Gary Love, who alerted Linc to potential contamination problems at the Chinchilla site.

He warned the company about groundwater risks

$3 million Powerball win for Dalby man

CASHED IN: Paula Troy and Malene Price said they were thrilled a Dalby man came forward to claim his division one victory.

LAST week's division one Powerball has been claimed by a Dalby man

JACKPOT: Man wins $3m in Powerball

A Dalby man has won $3 million in the latest Powerball jackpot

'Yeah, nah, that’s pretty good. I didn’t have a clue."

Local Partners