Loans for NSW farm infrastructure

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.

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.

What are the eligibility criteria?

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.

How do you apply?

Find out more about eligibility and how to apply at Farm Innovation Fund.