Introduction

The drought assistance fund provides interest-free loans to primary producers.

Its purpose is to help farmers put systems and management practices into place that will boost the sustainability of their farms.

The loan amount is $50,000 and can be used to fund:

  • the transport of stock, fodder and water
  • genetic banking of breeding herds
  • installation of on-farm fodder and water infrastructure
  • activities that promote profitability and resilience as a result of the on-farm investment.

The loan term is 7 years, with no repayments for the first 2 years.

Eligibility

Farming businesses that have been negatively impacted by drought conditions.

What you need

  • your most recent Local Land Service (LLS) rates notice
  • proof of income including:
    • most recent taxation returns for your farm business
    • individual taxation returns and a current listing of all assets and liabilities for each:
      • individual director(s)/shareholder(s) of all companies
      • individual members of a partnership/family trust.
  • your monthly cash flow budget for the next 12 months
  • your bank account details.

How to apply

  1. Select the 'Apply online' button.
  2. Complete the online form.
  3. Upload the required documentation.

If you're unable to apply online:

  1. Download and complete Drought assistance fund application form – DOC
  2. Gather all the required documentation.
  3. Lodge your application using the details on the form.
You'll be taken to another website.