June 1, 2022
Low-interest loans are now available for primary producers and small businesses in the South Burnett affected by this year’s floods.
The assistance comes from the joint Commonwealth-State Disaster Recovery Funding Arrangements (DRFA).
DRFA low interest loans of up to $250,000 and freight subsidies of up to $5000 are available for eligible primary producers in 11 Council areas: South Burnett, Bundaberg, Gympie, Lockyer Valley, Moreton Bay, North Burnett, Scenic Rim, Somerset, Southern Downs, Toowoomba and Western Downs.
DRFA low interest loans of up to $250,000 are also available for small businesses in Gympie, Lockyer Valley, Southern Downs, Somerset and Western Downs.
DRFA assistance has also been extended to the South Burnett, North Burnett, Gympie, Fraser Coast and Gladstone Regional Councils to help them with repair efforts.
“Low interest loans under the Disaster Recovery Funding Arrangements will provide concessional loans up to $250,000 and essential working capital loans of up to $100,000 to help kick-start the recovery of impacted primary producers and small businesses,” Emergency Services Minister Mark Ryan said.
“Primary producers can also access freight subsidies of up to $5000 for the movement of stock, feed, machinery, fuel, water, building and fencing materials.
“In addition, the councils who have been included in this extension can rest assured that their costs associated with counter-disaster operations and the repair of their essential public assets damaged by the flooding, such as local roads, will be covered under the DRFA.”
