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14 June 2016: QRAA Backs Future of Agriculture at Farmfest

15 June 2016

QRAA Client Liaison Officers were among the many exhibitors inspired by the atmosphere of resilience, optimism and excitement at this year’s CRT Farmfest.

QRAA Client Liaison Officers were among the many exhibitors inspired by the atmosphere of resilience, optimism and excitement at this year’s CRT Farmfest.

“This was the best FarmFest I’ve attended” said Kate Dunk, Toowoomba local and QRAA Client Liaison Officer for the Darling Downs and Lockyer Valley.

“It was great to see not only lots of locals, but an increased number of people from further afield – I spoke to producers from Rockhampton, Gympie, Mitchell and Roma just to name a few.”

Ms Dunk was joined by Client Liaison Officer for Burnett, Bill Fletcher, in talking with visitors and stakeholders about the financial assistance available through QRAA.

Innovation and the next generation were key themes for the three days – something QRAA proudly supports given a long-standing role as a financial partner to Queensland’s rural sector.

“FarmFest is always a fantastic opportunity to cement our relationships with the farming community,” said Mr Fletcher.

“It was a great turnout and we had a very busy day speaking to many farmers and graziers about their plans and goals for the future, including existing clients ready to take the next step.”

While many visitors to QRAA’s booth were keen to explore how low interest Sustainability Loans can assist them to maximise productivity and improve viability for years to come, it was the next generation taking front and centre – expressing solid interest in QRAA’s First Start Loans.

“I found that First Start Loans were the main talking point for the day, with lots of discussion around both rural succession and first purchases of property,” said Ms Dunk.

“The loans are popular with young farmers, and have been obtained by up-and-comers as young as 19 years old.”

The Sustainability and First Start Loans are initiatives of the Queensland Government’s Primary Industry Productivity Enhancement Scheme administered by QRAA. They provide finance up to $650,000 to assist family succession, buy into an existing operation, purchase property or invest in infrastructure.

In the past two years alone, QRAA has approved over 20 First Start Loans to Darling Downs and Lockyer Valley producers, valued at over $8.5 million and 26 Sustainability Loans worth over $5.6 million.

Loan terms of up to 20 years and joint lending with commercial lenders are available.

For eligibility criteria, terms and conditions and current interest rates, visit www.qraa.qld.gov.au or Freecall 1800 623 946.

Last updated
10 May 2017