Million-dollar boosts for 60 drought towns

Federico Mansilla
Agosto 21, 2018

This will bring the federal government's total support for farmers up to $1.8 billion.

"The first five years of these loans will remain interest-only".

$2.7 million for enhanced long term weather forecasting. The Government will also simplify the application form for Farm Household Allowance.

Sixty drought-affected councils across western Queensland and NSW will be handed $1 million each by the federal government to spend on anything from trucking in drinking water to building new community facilities.

Turnbull said the new funding was in response to feedback given by farmers and the wider community.

"I want to say to our farmers, we have your back", Turnbull said.

"We are constantly working to ensure that you get every support you can", Mr Turnbull added. "And of course, let's all pray for rain". "And fodder storage, grain storage is absolutely critical", Turnbull said.

Giving funds to councils would help them provide relief in whatever way they deem best.

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The government said new funding would be made available for infrastructure projects, while tax breaks and low-interest loans of up to A$2 million for farmers were also part of the package. Regions in western Queensland and regional NSW will receive additional funding in today's announcement. Most are managing cash flows with costs outweighing receipts, and the accelerated depreciation will be of help.

"That's going to provide some more jobs and some more income into the town".

Drought has hit farms across the country.

Help has never been more in demand, with the NSW Government declaring 100% of the state is now in drought, and experts predicting that it will be the worst NSW drought in 40 years.

Graziers in Forbes, some 390 kilometres (240 miles) west of Sydney, are among those battling the lack of rain.

"It's about ensuring producers have ownership of drought preparedness and are rewarded for proactive management and efforts to improve their resilience".

The Government stands shoulder to shoulder with our farmers to ensure they can survive the severe and widespread drought that has affected so many.

"Drought has such a big impact on Australian agriculture and extended dry periods are a recurring feature, so we need governments at all levels and politicians on all sides to come together with industry to work on a sustainable approach to managing this issue now and into the future".

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