Loans for NSW farm infrastructure
Farm Innovation Fund NSWLast Updated: 1 September 2022
Farm Innovation Fund NSW
The Farm Innovation Fund provides farmers with loans to help them carry out capital works that have significant long-term benefits and mitigate poor seasonal conditions.
Application detail:
Applications may be made at any time.
What do you get?
Loans of up to $1 million.
Who is this for?
NSW farmers.
Overview
Loans are available to help meet the costs of carrying out permanent capital works that will have a significant beneficial impact on the land, long term profitability of the business and address adverse seasonal conditions.
Eligible works fall into 4 main categories:
Drought preparedness
- stock and domestic water supply
- cap and piping of bores in the artesian basin
- planting perennial species.
Environment
- soil conservation
- erosion control
- solar power conversions.
Farm infrastructure
- fodder storage facilities
- farm/shearing sheds
- fencing/road works
- new/upgrading irrigation systems.
Natural resources
- planting trees for shade/wildlife corridors
- livestock effluent control
- disaster mitigation works.
Check if you can apply
To be eligible, you must:
- own or operate a farm enterprise in NSW where the proposed work is to be carried out
- operate as a sole trader, partnership or private company, trading in agricultural products
- show that the farm enterprise under normal conditions provides at least 50% of your total gross income
- be registered with the Australian Taxation Office (ATO) as a primary producer and have an Australian business number (ABN)
- not have more than $5 million in gross off-farm assets
- demonstrate that the work you wish to carry out will have significant impact on the land, your farming enterprise and will help you to prepare for adverse seasonal conditions
- demonstrate that your farm enterprise is sustainable in the long term and will be able to repay the loan
- have the security required for the loan.
Apply now
Apply for the Farm Innovation Fund NSW
Find out more about your eligibility and how to apply.