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    Landcare News Items

    Transport Fund to Help Drought-Affected Farmers

    freestocks org 100754 unsplashSMALLA new Drought Transport Fund announced by the NSW Government will help farmers manage livestock through dry conditions. The NSW Drought Transport Fund will provide up to $20,000 in low interest loans, with a two-year interest and repayment free period.

    Minister for Primary Industries, Niall Blair said the fund would help eligible farmers pay freight costs for fodder, water, or to move stock to agistment.

    The NSW Drought Transport Fund will complement existing transport subsidies for the cost of transporting donated fodder within NSW and transporting stock off a property for animal welfare purposes.

    These measures form part of the wider NSW Drought Strategy, which includes a rural resilience program, rural support workers and financial counselling, and the Farm Innovation Fund for on-farm drought preparedness work and capital improvement.

    The Farm Innovation Fund has approved $54 million worth of low-interest loans this financial year, with almost $9 million worth of loans applied for in March alone, and more than $200 million since its inception in 2013.

    More information on the NSW Drought Transport Fund and application details are available from www.droughthub.nsw.gov.au. And keep an eye on https://edis.dpi.nsw.gov.au/ which shows the drought indicator for NSW and informs government funding streams.

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