Financial help for NSW farmers
NSW farmers can now access concessional loans of up to $650,000 as part of the Farm Finance Concessional Loans scheme, NSW Minister for Primary Industries Katrina Hodgkinson announced today, Tuesday 6th August 2013.
The NSW Government has agreed to terms with the Australian Government, allowing the scheme to provide up to $60 million over two years to eligible farmers.
The scheme will allow eligible farm businesses to restructure existing debt in the form of low-interest loans.