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11 August 2016: Value-adding loans available to farmers at dairy forum

11 August 2016

QRAA Client Liaison Officers (CLOs) will be helping dairy farmers look ‘outside the box’ to make the most of their operations, at the third and final Queensland Dairy Industry Forum for 2016.

CLOs Kate Dunk and Bill Fletcher will be present at the event, held at Toogoolawah Showgrounds on Tuesday 16 August. They look forward to providing attendees with information on the ways QRAA’s low interest financial assistance can grow their businesses – from property expansion to on-farm processing.

“Dairy farmers are some of Queensland’s most resilient producers – we’re proud to help them purchase, improve and advance their operations through good and bad times,” said Ms Dunk.

“Since 2011 alone, QRAA has approved over $35 million in financial assistance to Queensland’s dairy industry, across natural disaster assistance, drought recovery and productivity loans.”

Mr Fletcher encourages dairy producers to be creative when considering how QRAA can help them maximise the profitability of their enterprise.

“Many dairy farmers know that QRAA has loans to help them recover from drought, purchase property and build natural disaster resilience - but not everyone realises that our Sustainability Loans can already be used to develop on-farm processing and value-adding initiatives,” he said.

“No need to wait for changes following the state budget, these loans are available now for existing primary producers - QRAA clients are already using them to set up value-adding operations to process cheese, yoghurt and bottled milk.”

Sustainability Loans of up to $650,000 are available with fixed interest rates as low as 3.11 per cent and terms of up to 20 years. Joint lending with producers’ preferred commercial lenders is also possible if more than $650,000 is required.

Between them, Ms Dunk (CLO for the Lockyer Valley and Darling Downs) and Mr Fletcher (CLO for the Sunshine Coast and Burnett) will have attended all three of the forums, having supported the industry at sessions in Warwick and Maleny earlier this year.

For more information, producers can visit www.qraa.qld.gov.au or Freecall 1800 623 946.

Last updated
10 May 2017