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Queensland Rural Debt Survey

Historically, farmers and rural enterprises have financed debt through commercial credit providers, principally by the major trading banks and lending institutions including QRIDA. Rural businesses operate in a dynamic environment and debt levels continue to be impacted by many factors such as markets and weather.

The Queensland Rural Debt Survey ascertains the extent, nature and size of total rural indebtedness in Queensland as at 31 December 2019. Crucial to the 2019 Survey has been the analysis of movement in rural debt since the previous 2017 survey period. QRIDA has delivered the 2019 Survey in collaboration with the Queensland Government Statistician's Office (QGSO) and with the support of all the major rural lending institutions in Queensland.

The Queensland Rural Debt Survey plays an important role in shaping government and industry policy relating to primary production enterprises in Queensland. The final report was tabled on 7 August 2020 by the Minister for Agricultural Industry Development and Fisheries, the Hon Mark Furner MP.

2019 Report Headlines

Rural debt is defined as the total indebtedness of all farmers/ rural enterprises throughout Queensland, where the servicing of the rural debt relies primarily on rural generated income.

The 2017 to 2019 period saw significant shifts in agricultural production in Queensland. The crippling drought, decreasing crop production and reduction in stock, was further amplified by the North and Far North Queensland Monsoon Trough event in early 2019 and the recovery effort that followed. The end of 2019 saw the start of scattered showers across other areas of the state which has not seen rain events for several years. The recovery effort and prolonged drought effects continue to develop.

Rural Debt Survey Overview

Get an overview of the extent, nature and size of gross rural debt in Queensland, as well as key industry performance across our state.

Rural Debt Survey Full Report

The objective of the Queensland Rural Debt Survey is to establish the extent, nature and size of gross rural debt in Queensland. All data is current as at 31 December 2019.

Hard copy

To order a card copy of the 2019 Rural Debt Survey to be posted to your address, or to request further information including digital versions of previous surveys, please complete this form. Be sure to note the specific survey and type (digital or print) in the request.

Download the Rural Debt Survey 2019 Full Report (PDF)
Download the Rural Debt Survey 2019 Overview (PDF)

Note: Legislation passed by the Queensland Parliament on 22 March 2017 require QRIDA to undertake a Rural Debt Survey in Queensland every two years from January 2018, subject to the establishment of a national rural debt survey.

Queensland Rural Debt Survey 2019 - beef industry

Queensland Rural Debt Survey 2019 - grain industry

Queensland Rural Debt Survey 2019 - cane industry

Last updated
10 August 2020