$300 Million to help Northern Queensland Farmers get back to business faster
Recently. the Morrison Government announced further much needed assistance for flood-affected North Queensland farmers.
“Locally operated family holdings will have access to up to $400,000 through two grant programs – one for restocking and replanting, and the other to replace on-farm infrastructure lost and damaged during the floods.” the Prime Minister said.
Prime Minister Scott Morrison said the restocking/replanting and on-farm infrastructure grants mean primary producers will have access to cash to start rebuilding their farm businesses when the time is right. Farmers will contribute 50 per cent of the total cost, and the Government, through the grants, will provide the remainder up to $400,000.
The grants were initiated by the newly-established North Queensland Livestock Industry Recovery Agency (NQLIRA), led by The Hon Shane Stone, AC QC. The NQLIRA will work with the Queensland Government to ensure the programs are administered through existing mechanisms to make it as easy as possible for farmers to access the funds.