QRIDA has come a long way since our early beginnings in 1986, when we were known as the Government Schemes Division, part of the Queensland Industry Development Corporation (QIDC).
On 1 October 1994, the division completely separated from QIDC and under the Rural and Regional Adjustment Act 1994 (Qld) became the Queensland Rural Adjustment Authority (QRAA), reporting to the state government.
QRAA’s core responsibilities were to administer the Queensland Government's Primary Industry Productivity Enhancement Scheme (PIPES) and support the delivery of Natural Disaster Relief and Recovery Arrangement (NDRRA) assistance for primary producers, small businesses and non-profit organisations (jointly funded by the Queensland and Australian Governments). Other financial assistance programs were also administered as required.
In July 2017, as a result of the Farm Business Debt Mediation Act 2017 (Qld), QRAA's name was changed to the Queensland Rural and Industry Development Authority (QRIDA) to reflect the organisation’s increased role and responsibilities, doing even more for rural and regional Queensland including:
- overseeing Queensland’s Farm Business Debt Mediation
- administering Queensland’s Farm Debt Restructure Office
- designing and delivering a broad range of state and commonwealth approved schemes for rural and regional Queensland
- undertaking research and providing advice to government.