Disaster Assistance Loans - Primary Producer QLD


Disaster Assistance Loans – Primary Producers provides low-interest loans to primary producers whose assets have been significantly damaged by an eligible disaster.
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Application detail:

Applications may be made after the declaration of an eligbile disaster.

 
What do you get?

Low-interest loans of up to $250,000.

Who is this for?

Disaster affected Queensland primary producers.

Overview

Disaster Assistance Loans - Primary Producer provides primary producers, whose assets have been significantly damaged as a direct result of an eligible disaster, with low-interest loans to help in their recovery efforts.

Loans may be used to re-establish the normal operations of the primary production enterprise, including:

  • repairing or replacing damaged plant and equipment
  • repairing or replacing farm buildings
  • purchasing livestock to replace those lost in the disaster event
  • meeting carry-on requirements including
    • re-planting, restoring or re-establishing areas affected by the disaster event
    • sustenance
    • essential property operations
    • paying rent and rates

Low-interest loans of up to $250,000 over a maximum term of 10 years are available.

What are the eligibility criteria?

To be eligible, you must:

  • have sustained substantial damage to buildings, plant, equipment or stock as a result of an eligible disaster
  • be a primary producer in Queensland
  • have a property located in a 'defined disaster area'
  • provide adequate security for the loan
  • be able to demonstrate the ongoing viability of the primary production enterprise
  • have taken reasonable precautions to avoid loss or damage from a disaster such as having adequate insurance

Primary producers significantly affected by an eligible disaster, but not located in a defined disaster area may be eligible to apply for assistance as an 'individually disaster-stricken enterprise'.

Find out more about the eligibility criteria at Disaster Assistance Loans - Primary Producer.

How do you apply?

Check the Disaster Recovery page for information about announcements of declared disaster events.

Find out more about how to apply at Disaster Assistance Loans - Primary Produc