NSW announces Drought Transport Fund in certain regions


Support to handle breeding stock and feed on offer to eligible farmers

NSW announces Drought Transport Fund in certain regions
Niall Blair says transport included in drought strategy

 

New South Wales rural transporters may be in line for flow-on from state government assistance to drought-hit farmers.

With parts of the state missing out on recent heavy rain falls in the east, the state government has announced that eligible farmers can apply for low-interest loans of up to $20,000 to cover 100 per cent of costs excluding GST, to transport stock, fodder or water to and/or from drought-affected properties. 

The first two years of a seven-year loan are interest and repayment free.

"The Drought Transport Fund complements existing subsidies for the cost of transporting donated fodder within NSW and transporting stock off a property for animal welfare purposes," the government says.

It has a $300 million drought strategy underway, part of which involves the Farm Innovation Fund to help prepare for draught and improve permanent infrastructure.

More than a third of the state is struggling with drought, and expressed particular concern for the Hunter, Central Tablelands, Central West and in the Far West of the state.

"Primary production is the lifeblood of the communities in these regions and when farmers are struggling, the whole community feels the impact," primary industries minister Niall Blair says.

"This additional step in our drought strategy will allow farmers to better manage core breeding stock, which will in turn enable a more rapid recovery when conditions improve."

The Drought Transport Fund can be applied for here.

 

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