{"id":23310,"date":"2013-02-08T14:52:01","date_gmt":"2013-02-08T04:52:01","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=23310"},"modified":"2020-12-21T15:47:57","modified_gmt":"2020-12-21T05:47:57","slug":"low-interest-loans-available","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2013\/02\/08\/low-interest-loans-available\/","title":{"rendered":"Low-Interest Loans Available"},"content":{"rendered":"
\"\"<\/a>
Local MP Deb Frecklington discussing flood damage with Brooklands farmer Mark Black<\/figcaption><\/figure>\n

February 8, 2013<\/strong><\/p>\n

Member for Nanango Deb Frecklington has congratulated the State Government on offering Disaster Support loans at 1.7 per cent interest.<\/p>\n

Mrs Frecklington said the announcement of concessional loans for primary producers and small businesses at a record low interest rate of 1.7 per cent was the lowest on record for NDRRA loans in Queensland.<\/p>\n

\u201cOur government has taken the unprecedented step of offering our primary producers and small business owners a low-interest loan rate which will help them get back on their feet and restore their operations after the floods,\u201d Mrs Frecklington said.<\/p>\n

\u201cThis is just the type of incentive that will make a real difference for people in our region who are really suffering,\u201d she said.<\/p>\n

The 1.7 per cent interest rate applies to Natural Disaster Assistance (Category B loans) activated from July 1, 2012, and are provided under the joint Federal \/ State Natural Disaster Relief and Recovery Arrangements (NDRRA).<\/p>\n

Category B loans of up to $250,000 through QRAA are available to primary producers and small businesses directly affected by January\u2019s Tropical Cyclone Oswald and associated rainfall.<\/p>\n

\u201cThe loans can be used for replacing stock and livestock, important fence repairs and replacing damaged plant and equipment,\u201d Mrs Frecklington said.<\/p>\n

To be eligible for the concessional interest rate loan, primary producers and small businesses must have suffered direct damage and be located in a defined disaster area activated for the Category B loan assistance.<\/p>\n

The new arrangements do not apply to existing QRAA loans.<\/p>\n

Primary producers and small businesses with existing loans with QRAA and who may still be experiencing financial difficulty are encouraged to contact QRAA to discuss assistance measures including: extending their loan term, interest-only arrangements, deferring loan instalments and suspending repayments.<\/p>\n

For further information on disaster assistance available through QRAA, please contact QRAA on Freecall 1800-623-946 or visit the QRAA website<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Member for Nanango Deb Frecklington has congratulated the State Government on offering Disaster Support loans for just 1.7 per cent interest.<\/p>\n","protected":false},"author":20,"featured_media":23311,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5,3,36],"tags":[],"yoast_head":"\nLow-Interest Loans Available - southburnett.com.au<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/southburnett.com.au\/news2\/2013\/02\/08\/low-interest-loans-available\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Low-Interest Loans Available - southburnett.com.au\" \/>\n<meta property=\"og:description\" content=\"Member for Nanango Deb Frecklington has congratulated the State Government on offering Disaster Support loans for just 1.7 per cent interest.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/southburnett.com.au\/news2\/2013\/02\/08\/low-interest-loans-available\/\" \/>\n<meta property=\"og:site_name\" content=\"southburnett.com.au\" \/>\n<meta property=\"article:published_time\" content=\"2013-02-08T04:52:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-12-21T05:47:57+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/02\/20130208black.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"620\" \/>\n\t<meta property=\"og:image:height\" content=\"385\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Anne Miller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anne Miller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/southburnett.com.au\/news2\/2013\/02\/08\/low-interest-loans-available\/\",\"url\":\"https:\/\/southburnett.com.au\/news2\/2013\/02\/08\/low-interest-loans-available\/\",\"name\":\"Low-Interest Loans Available - 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