Skip links and keyboard navigation

Doing more for Queensland

On 1 July 2017 QRAA became the Queensland Rural and Industry Development Authority.

Our role providing financial assistance to primary producers remains unchanged, but we’re now performing a number of new functions and are thrilled to be doing more for rural and regional Queensland. This includes:

  • Delivering more financial assistance schemes to strengthen regional Queensland
  • Overseeing Queensland’s mandatory Farm Business Debt Mediation to efficiently and equitably resolve debt disputes, which also launched on 1 July;
  • Undertaking research to develop policies, initiatives and advice for government;
  • Recommencing Queensland’s biennial rural debt surveys; and
  • Establishing the Farm Debt Restructure Office

A number of other exciting changes to our existing schemes also came into effect on 1 July, including:

First Start and Sustainability Loans
Interest rates for First Start and Sustainability Loans have dropped and are now as low as 3.02% for loans drawn down from 1 July 2017.

Drought Assistance Concessional Loans
Funding for Drought Assistance Concessional Loans to help producers recover or prepare for drought has also been extended into the new financial year, with applications open until 30 June 2018.

Farm Management Grants
Rebates of up $2,500 are available again in 2017-18 with Farm Management Grants for Queensland primary producers or their relatives to help offset the costs of professional advice associated with succession planning.

We look forward to doing more, and continuing to work with you in future. Don’t hesitate to call your local Regional Area Manager or contact us on Freecall 1800 623 946 with any questions.

Last updated
4 July 2017