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Financial FAQ
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Do I have to provide financial information? What if I don’t?
Financial information is essential for us to assess whether you are able to meet the costs of the project. Not providing financial information could result in your project not being assessed.
I’m a new…
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Round four, Rural R&D for Profit summary of approved projects
On 21 March 2019, the then Minister for Agriculture, Water and the Environment, approved funding of $39.65 million from 2018‑19 to 2021‑22 for ten projects under round four of the Rural R&D for Profit program. This funding is…
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Good rainfall and high commodity prices have driven strong farm financial performance for 2021-22.
Executive Director of ABARES Dr Jared Greenville said cropping farms had reported higher than average cash incomes over the last year.
“It’s been a boom year. At the national level, farm cash income…
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Round three, Rural R&D for Profit summary of approved projectsOn 4 May 2017, the Hon. Barnaby Joyce MP, the Minister for Agriculture, approved funding of more than $35.8 million from 2016-17 to 2019-…
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High global energy prices and disruptions to global supply chains led to sharp rises in farm input costs, including fertiliser and diesel, in 2021 and 2022.
International energy prices have been falling since mid-2022. However, the cost of fertiliser and fuel remain higher than long-term averages…
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Trends in farm debt: Agricultural lending data 2022–23Download PDF (1.41 MB)Download Word (2.2 MB)Download Excel (XSLX 80 KB)Agricultural lending data 2022–23Debt is an important source of funds for farmers to develop their farm business and for ongoing working capital. Information on trends in the…
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