Rural Weekly farm products 251013
Rural Weekly farm products 251013 Max Fleet

Drought loan officer visits the Burnett

NORTH Burnett primary producers may learn first-hand about Drought and Farm Finance Concessional Loan Schemes from December 4.

Farmers may clarify loan eligibility criteria with Queensland Regional Adjustment Authority (QRAA) Client Liaison Officer Bill Fletcher in Goomeri, Gympie, Gayndah and Mundubbera.

QRAA's CEO Colin Holden said the loans could provide an average benefit of $20,000 to $30,000 per year for five years.

"Drought and Farm Finance loans have a maximum loan term of five years and must be refinanced or repaid at the end of the loan term," Mr Holden said.

Drought Concessional Loans, with an initial 4% concessional interest rate, provide up to $1 million to assist with drought preparation and recovery, and a long-term return to viability.

Farm Finance Concessional Loans, with an initial 4.5% concessional interest rate, provide up to $1 million to restructure farm business debt.

Sustainability Loans of up to $650,000 can help producers improve the productivity and sustainability of their enterprises.

Mr Fletcher will be available from 8.30am to 4.30pm at the following locations, and a booking with QRAA is required via Freecall 1800 623 946.

  • Goomeri SES Hall, Burnett Highway on Tuesday, December 2
  • Gympie DAFF offices, 1 Cartwright Street (corner Louisa Street) on Wednesday, December 3
  • Gayndah Youth Centre (near IGA) on Thursday, December 4
  • Mundubbera Community Centre, 69 Stuart Russell Street on Tuesday, December 9.

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