{"id":340644,"date":"2023-11-16T14:10:36","date_gmt":"2023-11-16T04:10:36","guid":{"rendered":"https:\/\/southburnett.com.au\/news2\/?p=340644"},"modified":"2023-11-16T14:10:36","modified_gmt":"2023-11-16T04:10:36","slug":"feedback-sought-on-farm-loans","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2023\/11\/16\/feedback-sought-on-farm-loans\/","title":{"rendered":"Feedback Sought On Farm Loans"},"content":{"rendered":"<figure id=\"attachment_321347\" aria-describedby=\"caption-attachment-321347\" style=\"width: 200px\" class=\"wp-caption alignright\"><a href=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2022\/07\/murraywatt.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-321347\" src=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2022\/07\/murraywatt.jpg\" alt=\"\" width=\"200\" height=\"300\" \/><\/a><figcaption id=\"caption-attachment-321347\" class=\"wp-caption-text\">Federal Agriculture Minister Murray Watt<\/figcaption><\/figure>\n<p><strong>November 16, 2023<\/strong><\/p>\n<p>The public has been invited to put forward views and suggestions about farming loans as part of a Federal Government review of the Regional Investment Corporation Act.<\/p>\n<p>Department of Agriculture assistant secretary Andrew O\u2019Sullivan said it was an opportunity for farmers and agribusiness owners to share their views about the Regional Investment Corporation (RIC) and the loans it provides.<\/p>\n<p>\u201cThe RIC provides concessional loans to farm businesses in financial need, and it\u2019s important that the system is working to the highest possible standards for our farmers,\u201d Mr O\u2019Sullivan said.<\/p>\n<p>\u201cThrough the RIC, the Australian Government has more than $4 billion available for concessional loans to farms and farm-related small businesses.<\/p>\n<p><strong>\u201cMinister for Agriculture, Fisheries and Forestry Murray Watt appointed Dr Wendy Craik AM to review the RIC Act, which will consider the scope of the RIC\u2019s activities after June 30, 2026, and how the RIC should be governed after that date.<\/strong><\/p>\n<p>\u201cThis is the chance for farmers, business owners and other stakeholders to provide feedback on the RIC\u2019s products and effectiveness, and what the RIC\u2019s functions and governance arrangements should be into the future.\u201d<\/p>\n<p>Dr Craik\u2019s report will be delivered to Minister Watt mid-2024 and will be made publicly available after being provided to the government.<\/p>\n<p>Public consultation will be open for five weeks until December 22.<\/p>\n<ul>\n<li><strong>More information is <a href=\"https:\/\/haveyoursay.agriculture.gov.au\/ric-review\" target=\"_blank\" rel=\"noopener\">available online<\/a> about how to make a submission<\/strong><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The public has been invited to put forward views and suggestions about farming loans as part of a Federal Government review of the Regional Investment Corporation Act.<\/p>\n","protected":false},"author":20,"featured_media":321348,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3,36],"tags":[1134],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.11 - 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