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Drought Recovery Concessional Loans

The Drought Recovery Concessional Loans Scheme closed for application on 31 October 2016.

This scheme was available in New South Wales, Queensland, South Australia and Tasmania to assist farm businesses experiencing unprecedented drought conditions to recover when the season turns.

The scheme provided eligible farm businesses with loans of up to $1 million for a loan term of up to 10 years. Interest only repayments were made available to loan recipients for the first five years.

The loans were for planting and/or restocking activities (as seasonal conditions allow) and associated expenses.