{"id":60839,"date":"2014-03-19T17:12:28","date_gmt":"2014-03-19T07:12:28","guid":{"rendered":"http:\/\/southburnett.com.au\/news2\/?p=60839"},"modified":"2020-09-02T18:29:49","modified_gmt":"2020-09-02T08:29:49","slug":"new-drought-support-expected-soon","status":"publish","type":"post","link":"https:\/\/southburnett.com.au\/news2\/2014\/03\/19\/new-drought-support-expected-soon\/","title":{"rendered":"New Drought Support Expected Soon"},"content":{"rendered":"<figure id=\"attachment_23388\" aria-describedby=\"caption-attachment-23388\" style=\"width: 200px\" class=\"wp-caption alignright\"><a href=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/02\/john-mcveigh-200.jpg\"><img loading=\"lazy\" class=\"size-full wp-image-23388\" title=\"John McVeigh\" src=\"http:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/02\/john-mcveigh-200.jpg\" alt=\"\" width=\"200\" height=\"350\" srcset=\"https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/02\/john-mcveigh-200.jpg 200w, https:\/\/southburnett.com.au\/news2\/wp-content\/uploads\/2013\/02\/john-mcveigh-200-171x300.jpg 171w\" sizes=\"(max-width: 200px) 100vw, 200px\" \/><\/a><figcaption id=\"caption-attachment-23388\" class=\"wp-caption-text\">Queensland Agriculture Minister John McVeigh<\/figcaption><\/figure>\n<p><strong>March 19, 2014<\/strong><\/p>\n<p>Agriculture Minister John McVeigh says Queensland has been assured by the Federal Government that farmers will soon be able to access new financing arrangements under the Federal Government\u2019s $320 million drought assistance package.<\/p>\n<p>Mr McVeigh said officers from his department and the Queensland Rural Adjustment Authority (QRAA) had been working closely with their federal counterparts to activate the drought concessional loan scheme as a matter of top priority.<\/p>\n<p>\u201cWe are committed to assisting our producers through this tough time,&#8221; Mr McVeigh said.<\/p>\n<p>\u201cI sent officers to Canberra the Monday after the Wednesday, February 26, announcement to begin these discussions, which should soon be finalised.<\/p>\n<p>\u201cAlong with debt restructuring, the loans will be available to help with carry-on finance and recovery.<\/p>\n<p>\u201cThe other key part of the package, which is currently being finalised by the Federal Government is social support and mental health assistance.<\/p>\n<p>\u201cThis was a key point of discussion at the Mental Health Forum that Health Minister Lawrence Springborg and I convened in Charleville last week.<\/p>\n<p>\u201cWe are also working to activate the pest animal control component of the scheme, which will be critical when the drought eventually breaks.\u201d<\/p>\n<p>In the meantime, QRAA acting CEO Tony O\u2019Dea said the Federal government\u2019s Farm Finance Concessional Loans Scheme was being successfully rolled out in Queensland.<\/p>\n<p>\u201cIn the first round, QRAA approved nearly all of the $20 million available in loans to 40 farm businesses,\u201d Mr O\u2019Dea said.<\/p>\n<p>He said the second application period had now been extended past the original closing date of March 30, with a further $30 million available. To date, 32 applications had been received, nine approved to the value of $7.77 million with a further 15 applications currently being assessed.<\/p>\n<p>\u201cI encourage producers to get their applications in as soon as possible,\u201d he said.<\/p>\n<p>\u201cFarm businesses can apply for these loans which offer up to $1 million at the current interest rate of 4.5 per cent for the purpose of restructuring up to half of their eligible debt.\u201d<\/p>\n<p>Mr McVeigh said the Queensland Government\u2019s Drought Relief Assistance Scheme was also running at full speed, with more than $10 million now handed out.<\/p>\n<p>Farmers who want to apply for drought relief assistance, including the Emergency Water Infrastructure Rebate, should contact the Department of Agriculture, Fisheries and Forestry on 13-25-23 or access the claim forms and applications <a href=\"http:\/\/www.daff.qld.gov.au\" target=\"_blank\"><strong>online<\/strong><\/a><\/p>\n<p>Anyone interested in accessing concessional loans should contact QRAA on 1800-623-946 or visit the QRAA <a href=\"http:\/\/www.qraa.qld.gov.au\" target=\"_blank\"><strong>website<\/strong><\/a> for loan application forms.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Agriculture Minister John McVeigh says Queensland has been assured by the Federal Government that farmers will soon be able to access new financing arrangements under the Federal Government\u2019s $320 million drought assistance package.<\/p>\n","protected":false},"author":20,"featured_media":23390,"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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