June 1, 2022
Low interest loans are now available for primary producers and small businesses in South Burnett affected by this year’s floods.
Aid comes from Joint Disaster Recovery Funding Arrangements (DRFA) between the Commonwealth and the States.
Low-interest DRFA loans of up to $250,000 and transportation grants of up to $5,000 are available to eligible primary producers in 11 Council regions: South Burnett, Bundaberg, Gympie, Lockyer Valley , Moreton Bay, North Burnett, Scenic Rim, Somerset, Southern Downs, Toowoomba and Western Downs.
Low-interest DRFA loans of up to $250,000 are also available for small businesses in Gympie, Lockyer Valley, Southern Downs, Somerset and Western Downs.
DRFA assistance has also been extended to South Burnett, North Burnett, Gympie, Fraser Coast and Gladstone Regional Councils to assist with their repair efforts.
“Low-interest loans under the Disaster Recovery Funding Arrangements will provide concessional loans of up to $250,000 and essential working capital loans of up to $100,000 to help kick-start the recovery of primary producers and small businesses affected,” said Emergency Services Minister Mark Ryan.
“Primary producers can also access transportation grants of up to $5,000 for transporting livestock, feed, machinery, fuel, water, building materials and fencing.
“Furthermore, the communes that have been included in this extension can be assured that their costs associated with disaster relief operations and the repair of their essential flood-damaged public assets, such as local roads, will be covered by the DRFA.”