Disaster Assistance Loans - Primary Producer QLD


This program 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'.

How do you apply?

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

Find out more about eligibility and how to apply at Disaster Assistance Loans - Primary Producer.