MORRISON GOVERNMENT DROUGHT RELIEF PACKAGE TO BACK AFFECTED REGIONS IN QLD
Drought-hit communities and farmers in affected regions will get a significant boost from the Coalition Government’s $709 million drought relief package.
Luke Howarth MP, Federal Member for Petrie said the package was designed to support both farmers and regional communities.
“This will see money flow right through the regional economy,” Mr Howarth said.
“Farmers in drought-affected regions will have access to loans of up to $2 million with no interest or repayments for the first two years.
“This will save farmers who refinance thousands of dollars and help them get back on their feet when the drought breaks.
“First-time businesses that are dependent on agriculture will also be able to access interest-free loans of up to $500,000.
“This will protect jobs in drought-affected regions in Queensland and make sure we can bounce back once the drought breaks.
“Nationally, another $378 million will also go into drought-affected community projects and an extra $138.9 million into our Roads to Recovery initiative.
“There’s also $10 million so schools can give concessional fees to families facing drought and a $5 million childcare fund.
“Regional Queensland has been doing it tough through this drought, and this package will help everyone get through it.
“It helps to protect our jobs and economy so when the drought breaks we will bounce back faster.”